PMX Gold Develops Bitcoin for Gold Terminal


BOCA RATON, Fla., Jan. 23, 2014 (GLOBE NEWSWIRE) -- PMX Communities Inc. (OTCQB:PMXO), a precious metals incubation company is integrating a Bitcoin solution into our new terminal.

"The plan was to launch our first Gold machine in the US and build a global gold terminal footprint. The diversification of the terminal was a natural transition for us. Virtual currencies and e-wallets are a perfect fit to out product line. Whereas, we are looking at other precious metals and gems to vend from the machines, a Bitcoin integration product will be our first offering in our new terminals," stated Meris Kott, Managing Director of PMX Bullion Sales, Inc.

PMX Gold Bullion Sales, Inc. a wholly owned subsidiary of PMX Communities, Inc. launched the MGIV gold terminal in Town Center, Boca Raton, in January 2013. It is the first US made specialty-dispensing machine from which consumers can purchase varying denominations of fine gold bullion bars and coins with a touch of a screen, and a swipe of their global credit and debit cards. Pursuant to the first MGIV machine being placed, PMX hopes for a strong USA presence. Discussions are ongoing regarding the international rollout of further terminals in major cities around the globe.

Forward-Looking Statements

Certain statements made by the Company and its management on its behalf in this release and other periodic, oral and written statements, regarding the Company operating performance, events or developments that the Company believes or expects to occur in the future, including those that discuss anticipated financial results, strategies, goals, outlook or other non-historical matters, or which relate to future sales, earnings, expectations, growth of the Company or of the market for its products and services, or general belief in the Company's expectations of future operating results are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, including but not limited to product demand, market and customer acceptance, competition, pricing, working capital considerations, and as otherwise discussed in the Company's SEC filings. Such forward-looking statements are subject to change at any time, and the Company's actual results may differ materially from anticipated results. The Company undertakes no obligation to update or revise any of such statements to reflect subsequent events or circumstances.


            

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