RYU Apparel, Inc.
(OTCQB:
RYPPF) secures Blockchain and Capital Markets Expert
Thomas Carter as Key Advisor to Identify and Launch Profitable Web3
and Metaverse Opportunities for RYU
Toronto, ON, Canada -- July 11th, 2022 --
InvestorsHub NewsWire -- RYU Apparel Inc. (TSXV:
RYU) (OTCQB:
RYPPF) (FWB: RYAA) ("RYU" or the
"Company"), a cutting edge digital lifestyle
brand, and creator of award-winning urban athletic apparel that
facilitates human movement, is pleased to announce that it has
signed an advisory agreement with Thomas Carter, current CEO of
blockchain infrastructure company Total Network Services and
Founder/Chairman of leading FinTech company Deal Box, to
oversee architecture and deployment of RYU's Web3 Initiatives as
part of the Company's move into the ever expanding Metaverse for
existing and future lines of business.
Thomas Carter has a decorated career as an
executive and innovator in action sports with 30+ years' experience
building businesses and investing in athletes. He has helped advise
over 500 companies and spent the past six years creating industry
leading blockchain technology and services in FinTech and the
Internet of Things.
This year, Carter's company Total Network Services will facilitate
the U.S. government's largest blockchain implementation to date
with the U.S. Census Bureau helping secure over 500,000 employee
devices using their Universal Communication Identifier
(UCID).
Carter commented, "I am thrilled to join the RYU team at such a
pivotal point in their business. I see their best-in-class apparel
and lifestyle brand, along with partnerships such as the recently
announced NFL Alumni Academy, as perfect opportunities for me
to be effective as an advisor in helping them bring their product
offerings to the next level."
Thomas Carter has been identified as an integral piece to RYU's
move into immersive and virtual experiences to help better engage
customers in all environments. Additionally, RYU's CEO Cesare
Fazari recently announced that along with RYU's apparel partnership
with the NFL Alumni Academy, he will be providing leadership and
business development advisory to NFL players. This initiative will
now be supported by Carter's expertise in Capital Markets and
Web3.
Through Carter's advisory, the Company has outlined plans to engage
Rypplzz, creators of the
digi-physical landscape, location based messaging application
LightPlay. They will be commissioned to
create proprietary 2D/3D LightPlay content for use in stores, at
pop-up locations and for other marketing purposes for remote
engagements with customers, especially brand
advocates.
Additionally they will work with RYU to develop and implement a UGC
(user generated content) strategy and special activations that
build engagement and loyalty among consumers.
RYU sees great potential in working with Rypplzz's patented
Interlife®, the geo-spacial technology that underlies LightPlay,
designed to elevate the human experience by connecting people,
content, and things to physical space.
CEO Cesare Fazari comments, "At
RYU we see it as critical that we engage our customers in new,
impactful, and immersive ways and what Rypplzz and Thomas bring to
the table is exactly that. Between Thomas'
many years spent dealing in Web3 advancing the blockchain economy
and Rypplzz's ability to bring augmented and
virtual experiences to users, we feel unprecedented success is a
forgone conclusion. RYU is well positioned to become a market
leader in the space, all the while creating immersive and
interactive experiences."
Carter expressed his enthusiasm about this opportunity, "My life's
passion is helping entrepreneurs find their way. Equipping them to
have the proper tools and best practices in their arsenal is what
I've built my career upon. It's one thing to make businesses
succeed, and I'm thankful to say I've had many successes, but it's
a completely different thing to help others succeed in their own
areas of expertise. I'm excited to work alongside Cesare and bring
my
knowledge to the table with RYU and their partners."
About RYU Apparel
RYU Apparel (TSXV:
RYU) (OTCQB:
RYPPF) (FWB: RYAA), or Respect Your Universe, is an
award winning urban athletic apparel
and accessories brand engineered for the fitness, performance and
lifestyle of the athletic man and woman. Designed without
compromise for fit, comfort, and durability, RYU exists to
facilitate optimal human performance. For more information,
please visit the RYU website at: http://ryu.com
About Total Network Services, Corp:
Total Network Services, Corp (TNS) is a San Diego-based developer
of simple, safe and secure blockchain-focused products and services
designed to help the world transition into the blockchain economy.
TNS's innovations span across industry
boundaries — from FinTech to Telecom security —all supported by its
network infrastructure. TNS's mission
is to improve legacy solutions by infusing new levels of
verification into the next internet evolution. To learn more about
TNS visit https://tnscorp.io/
About Rypplzz, Inc.
Rypplzz /rip·uhlz/ has developed a patented spatial computing
system called Interlife® that integrates the digital and physical
world by enabling digital files to exist in precise coordinates of
physical space. Interlife® was designed to elevate the human
experience by connecting people, content and things to physical
space and providing enhanced connectivity. To learn more about
Rypplzz visit https://rypplzz.com/ To learn more about
Rypplzz's geo messenger app LightPlay, which allows you to deploy
and discover location based messages anywhere visit https://www.lightplay.app/
Forward Looking Statements
Disclaimer
Neither the TSX Venture Exchange Inc. nor its
Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange Inc.) accepts responsibility
for the adequacy or accuracy of this press
release.
This news release contains forward-looking
information that involves various risks and uncertainties regarding
future events. Such forward-looking information can include without
limitation statements based on current expectations involving a
number of risks and uncertainties and are not guarantees of future
performance of RYU, such as statements that: RYU will sell products
or receive media exposure as a result sponsoring the NFL Alumni
Academy. There are numerous risks and
uncertainties that could cause actual results and RYU's plans and
objectives to differ materially from those expressed in the
forward-looking information, including: (i) adverse market
conditions resulting in the inability of RYU to raise necessary
financing required to enter and make payments under the proposed
definitive agreements; (ii) the inability of RYU to obtain any
necessary approvals in respect of the proposed agreements,
including approvals necessary for the issuance of the RSU's; and
(iii) inability to restructure and transform its business as
required. Actual results and future events could differ materially
from those anticipated in such information. These and all
subsequent written and oral forward-looking statements are based on
estimates and opinions of management on the dates they are made and
are expressly qualified in their entirety by this notice. Except as
required by law, RYU does not intend to update these
forward-looking statements.
RYU APPAREL INC.
Cesare Fazari
Chairman & Chief Executive Officer
+1 (604) 235-2880
Corporate Communications
Anna Brazier
+1 (844) 535-2880
investors@ryu.com
www.ryu.com
U.S. Investor Relations
RedChip Companies Inc.
Dave Gentry
Dave@redchip.com
407-491-4498
WaV Sports &
Entertainment
Brian
Klaasmeyer
Chief Executive
Officer
brian@WaVsports.com
NFL Alumni Academy
Dean
Dalton
Executive
Director
dean.dalton@nflalumni.org
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