CUV Ventures Corp. (TSX-V:
CUV) (“the Company”) is pleased
to announce a corporate update.
- Travelucion 26 Extra Cruise Lines
Contracted
- RevoluVIP Launches 37 European
Destinations
- RevoluVIP Timeline on 6 Southern European
Destinations
- Expedia, Bookings Holding VCC And RevoluCHARGE
Update
- RevolUTILITY included in latest RevoluPAY®
App
Travelucion Adds 26 Cruise
Lines
The wholly owned Travel Licensed subsidiary
Travelucion now holds an approved commercialization agreement for
the following 26 cruise lines:
Ocean Cruise Lines - Carnival,
Compagnie du Ponant, Crystal Cruises, Disney Cruises, Fred Olsen
Cruises, Holland America – Cruisetours, Hapag-Lloyd, Norwegian
Cruise Line, Oceania Cruises, P&O Cruises, Hurtigruten Cruises,
Paul Gauguin Cruises, Regent Seven Seas Cruises, Scenic Cruises,
Seabourn Cruises, SeaDream Yacht Club, Silversea Cruises, Star
Clippers, The Ritz-Carlton Yacht, Viking Cruises, Windstar
Cruises.
River Cruises
Lines - AmaWaterways, CroisiEurope, Crystal River
Cruises, Luftner River Cruises, Uniworld Cruises
Further cruise lines will be continually added
over the coming weeks. The company now expects the cited Cruise
lines to be active for booking across all RevoluVIP websites on or
before the 27th of September.
RevoluVIP Launches 37 European
Destinations
Further to the news release dated August 26th,
2019, the company is pleased to announce the on-schedule launch of
the following 37 European destination websites which are now live:
England, Scotland, Ireland, Wales, Norway, Iceland, Estonia,
Latvia, Sweden, Finland, Denmark, UK, Alps, Malta, Cyprus, Balearic
Islands (incl. Ibiza, Mallorca, Menorca, Formentera), Canary
Islands: Fuerteventura, Gomera, Gran Canary, El Hierro, Lanzarote,
La Palma, Tenerife, EuropeVIP, France, Germany, Austria, Belgium,
Holland, Switzerland, Russia, Croatia, Czech Republic, Poland,
Bulgaria, Hungary.
Upcoming 6 New European
Destinations
The immediate emphasis is upon launching the
following 6 Southern European destination websites:
Portugal, Spain, Italy, Greece, Monaco,
Montenegro
The company expects the above 6 Southern
European destination websites to be available worldwide within 5
days. Commencing upon the completion of Southern Europe,
Travelucion will initiate comprehensive marketing of the RevoluVIP
platform’s current active destinations, through both select white
label partners and, directly through online advertising. For
details on the RevoluVIP launch chronology, please see the
RevoluVIP Presentation.
Expedia, Bookings Holding VCC And
RevoluCHARGE Update
The nascent verticals of RevoluPAY VCC Clearance
and RevoluCHARGE are experiencing increased revenue,
month-on-month. The unaudited month of August 2019 VCC revenue
being approximately 120,000 USD. Likewise, pay-as-you-go phone
top-ups have surpassed the monthly unaudited 35,000 USD during the
same month. Shareholders are reminded that no meaningful marketing
efforts have been dedicated to either vertical thus far,
RevoluCHARGE and VCC user uptake has been largely word-of-mouth.
The company now feels that the soft beta launch of these verticals
has concluded satisfactorily therefore, Onboarding Marketing
efforts are to begin for Expedia and Bookings Holding accommodation
establishments in the month of September 2019 to increase the
amount of properties and, further incentivize the inbound VCC
payments from the existing +770 properties. Likewise, all +150
RevoluVIP destination websites will begin to both promote and
prioritize booking listings of property partners utilizing the
company’s VCC cash-out mechanism. Similarly, mobile pay-as-you-go
promotions will be added to RevoluVIP travel destination websites,
providing future visitors with a list of RevoluCHARGE approved
local mobile operators for their chosen destination and, quick
phone top-up links. RevoluCHARGE now offers top-ups in 163
countries through 283 operators. Essentially every VIP
country/destination will have at least one associated top-up
operator featuring on the country specific website, allowing
travelers to prepare in advance and, obtain the local sim to match
the approved operator(s) upon arrival.
CEO Steve Marshall Increases CUV Share
Holdings
Further to the news release dated 29th April
2019, CEO Steve Marshall has acquired 4,500,000 CUV Ventures shares
held by Vesilen Investment. On the 6th of September 2019, Mr.
Marshall filed an EWR (early warning report) indicating a 13.93%
share ownership of the company. Mr. Marshall is in further
discussions to acquire an additional amount of CUV Ventures free
trading shares from Vesilen Investment.
About RevoluPAY®
The Company’s flagship technology is RevoluPAY®,
the Apple and Android multinational payment app. Built entirely
in-house, RevoluPAY features proprietary, sector specific,
technology of which, the resulting source code is the property of
the Company. RevoluPAY’s built-in features include: Leisure
payments, travel payments, retail and hospitality payments,
remittance payments, real estate payments, pay-as-you-go phone
top-ups, Utility Bill payments, Worldwide Gift Cards, VCC Cards,
VCC Settlement, etc. RevoluPAY is powered by blockchain protocols,
and, is squarely aimed at the worldwide multi-billion dollar
leisure sector and, + $595 billion family remittance market.
RevoluPAY® is operated by the European wholly owned subsidiary
RevoluPAY S.L located in Barcelona. RevoluPAY S.L operates under
European E-money - Directive 2009/110/EC through a licensed
electronic money institution or EDE Banking Licensed entity.
RevoluPAY Presentation
Links Utilized in this news
release
World Bank Remittance Data
http://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data
EWR Filing -
http://www.stockwatch.com/News/Sedardoc.pdf?docid=4393212
VCC Clearance -
https://www.revolupay.es/virtual_card
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset,
multidivisional publicly traded Canadian company deploying advanced
technologies in the; Online Travel, Vacation Resort, Mobile Apps,
Money Remittance, Mobile phone top-ups, Invoice factoring,
Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple
and Android multinational leisure payments and remittance app,
powered by blockchain protocols, and aimed at the worldwide + $595
billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp.
(TSX-V: CUV) visit the Company’s website at www.cuvventures.com.
The Company has approximately 150,322,712 shares issued and
outstanding.
CUV VENTURES CORP.
“Steve Marshall”
______________________STEVE MARSHALLCEO
For further information contact:Don MosherCUV
Ventures Corp.Telephone: (604) 685-6465Toll Free:
800-567-8181Facsimile: 604-687-3119Email: info@cuvventures.com
NEITHER THE 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.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
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