Boardwalktech Selected as KPMG Flashpoint Blockchain Finalist

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CUPERTINO, CA, Aug. 15, 2018 /CNW/ - (TSXV:BWLK) – Boardwalktech Software Corp. ("Boardwalktech"), a leading enterprise blockchain software company, is pleased to announce that it has been selected as one of four KPMG 2018 Flashpoint Challenge Finalists – a program that recognizes influential businesses making advancements in technology. Boardwalktech was selected as a finalist from many applications as an innovative company who is changing the landscape with blockchain technology.

Innovation—such as blockchain technology—is driving change across all industries. KPMG LLP (KPMG) is proud to play a major role in helping organizations identify and leverage the leading new technologies to transform their businesses and build competitive advantage. Flashpoint is a competitive forum hosted by KPMG. It is designed to provide the key players in the blockchain arena with a platform to prove why their technology is a clear choice for the marketplace.

"The Flashpoint experience was engaging and exciting for everyone on both sides of the table," said Will Williams, National Managing Partner–Tax at KPMG and one of five members of the KPMG committee who evaluated the blockchain companies' pitches. "The real-time exchange of ideas and concepts and the chance to brainstorm with leaders in the emerging blockchain space left me confident that Flashpoint's collaboration model will lead to solutions that will better serve our clients."

"Boardwalktech is proud of its track record of bringing innovative solutions to the enterprise market and is delighted to be named as a KPMG Flashpoint finalist," said Andrew T. Duncan, President and CEO of Boardwalktech Software Corp. "Boardwalktech's patented positional data management and transaction chaining technology, first offered to market in 2007 as a digital ledger database and now referred to as a blockchain digital ledger, is uniquely capable of digitally transforming enterprise information exchanges through better collaboration, provenance, and trust helping companies drive greater efficiencies, create value, and manage risk."

About Boardwalktech Software Corp.

Founded in 2004, Boardwalktech has developed a patented digital ledger technology that allows for multi-party collaboration and verification on a trusted, shared, secure, and private information cloud. Our Boardwalk Enterprise Blockchain data management platform allows rapid blockchain application development on many platforms using any user interface, supporting "smart contract" business logic, integration with legacy systems and an easy method of connecting all participants (through Boardwalk virtual machines) enabling the exchange of secure and validated digital business information. 

Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.

About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 200,000 people in 154 countries. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE BoardwalkTech


For further information: Charlie Glavin, Boardwalktech, Inc., 650-618-6163, charlie.glavin@boardwalktech.com; JB Kuppe, Boardwalktech, Inc., 650-618-6104, jb.kuppe@boardwalktech.com; Taylor Ovalle/Robert Nihen, KPMG LLP, 201-307-8279/201-307-8296, tovalle@kpmg.com; rnihen@kpmg.com

Released August 15, 2018