Internet of Things Inc. Shareholders Approve All Matters at Annual Meeting


TORONTO, Jan. 15, 2018 (GLOBE NEWSWIRE) -- Internet of Things Inc. (TSX VENTURE:ITT) (OTC:INOTF) (FRANKFURT:71T) (“ITT Inc.” or “the Company”) a software and solutions provider to the Internet of Things (the “IoT”) market, announces that all matters were approved at the Company’s annual meeting held on January 9, 2018.

The shareholders re-elected Michael Frank, Hon. Jerry S, Grafstein, Gali Bar-Ziv and Millard S. Roth as the directors of the Company. In addition, shareholders approved the reappointment of MNP LLP, Chartered Accountants as auditors.

Subsequent to the AGM, the directors reappointed Michael Frank as Chief Executive Officer and Khurram Qureshi as Chief Financial Officer.

The details of the mattes approved at the Meeting are set forth in the Internet of Things’ information circular dated November 20, 2017 and posted on SEDAR at www.sedar.com

About Internet of Things Inc.
Internet of Things Inc. (www.iotintl.com) is an Internet of Things (IoT) software and solutions provider. The Company acquires and implements strategic and disruptive technology solutions targeting the industrial IoT markets, including manufacturing, energy management, agriculture, transportation, social, cybersecurity, e-commerce and fintech. ITT Inc. has a joint venture partnership with New Hope Data Technology Co. Ltd for China. Its wholly-owned subsidiary Blockchain of Things Inc. develops and provides customized, scalable blockchain solutions. The Company is headquartered in Toronto, Canada.

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For further information, contact:
Internet of Things Inc. 
Michael Frank
President & CEO 
Tel: (416) 677-9277 
Email: mfrank@iotintl.com 
To learn more, visit: www.iotintl.com

Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking information" within the meaning of applicable Canadian securities laws.  Such forward-looking information, includes, but is not limited to, the relationship between Company and New Hope, the parties entering into definitive agreements with regards to the joint venture, the use of the Company and the joint venture within the New Hope's manufacturing processes and projected revenue and income of the joint venture.  While such forward-looking statements are expressed by the Company, as stated in this release, in good faith and believed by the Company to have a reasonable basis, they are subject to important risks and uncertainties.  As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events.  These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.  The Company does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws.  Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement.  Continued reliance on forward-looking statements is at an investors' own risk.

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 RELEASE