SOURCE: Bitcoin Shop, Inc.

May 01, 2014 09:00 ET

Bitcoin Shop Appoints SocialRadius/Transform for PR and Social Media Marketing

ARLINGTON, VA--(Marketwired - May 1, 2014) - Bitcoin Shop, Inc. (OTCQB: BTCS), the virtual currency ecommerce marketplace www.bitcoinshop.us, today announced the appointment of Transform Public Relations ("Transform") as its technology, consumer and e-commerce public relations agency and SocialRadius as its social media marketing firm. Both companies are divisions of Terpin Communications, Inc.

With offices in Santa Monica, Mountain View, New York City and Las Vegas, Transform has created and executed PR campaigns on behalf of leading Bitcoin and digital currency companies, including some of the industry's premier companies: CrossCoin Ventures, Cryptex Card, KnCMiner, Kraken, MaidSafe and Mastercoin, as well as projects for GoCoin, Gyft and representation of many of the Bitcoin industry's leading tradeshows, including the Bitcoin Expo, Bitcoin Finance, Future of Money, and the North American Bitcoin Show.

Sister company SocialRadius has been a veteran of social media marketing since 2006, representing top brands including Affinia Hotels, Constant Contact, Kawai, NBC, Participant Media, Philips, Scott Brothers Entertainment (Property Brothers), and Will.i.am ("Yes We Can" viral video during Obama campaign).

Michael Terpin, founder of both companies, is a recognized innovator in PR, social media and technology platforms for the PR industry. He founded what is now Marketwired in 1994 as Internet Wire, selling the company, which was backed by Sequoia Capital and Hummer Winblad, in 2006. More recently, Terpin co-founded BitAngels (2013), the largest angel investor group for Bitcoin-related companies, and the BitAngels Fund (2014), the first venture fund dedicated to decentralized applications.

Charlie Kiser, Chief Marketing Officer of Bitcoin Shop, commented, "We're excited to have Michael and his team representing Bitcoin Shop. Transform and Social Radius together bring the network and the expertise we need to engage and communicate with shoppers, media channels, and industry influencers."

"Bitcoin Shop is well positioned to build on its early ecommerce traction with bitcoin enthusiasts and supporters. We look forward to reaching out to the bitcoin community, and engaging customers everywhere to help share the advantages of shopping with bitcoin and other virtual currencies," said Terpin.

About Bitcoin Shop, Inc.:
Bitcoin Shop, Inc. operates an ecommerce website (www.bitcoinshop.us) where consumers can purchase products using virtual currency such as bitcoin, litecoin and dogecoin, by searching through selection of over 400 categories and over 140,000 items. Bitcoin, litecoin and dogecoin are virtual currencies that use peer-to-peer networks to facilitate instant payments. They are all categorized as cryptocurrencies, as they use cryptography as a security measure. Bitcoin, litecoin and dogecoin issuances and transactions are carried out collectively by the network, with no central authority, and allow users to make verified transfers.

Forward Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its virtual currency business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact Information

  • Contact:

    Media Contact:
    Michael Terpin
    Transform Public Relations
    310-862-6312 (direct)
    Email Contact

    Investor Relations
    Alliance Advisors, LLC
    (914) 669-0222
    (212) 398-3486
    Email Contact