SOURCE: HPIL Holding

December 10, 2014 09:44 ET

HPIL Holding Announces Service and Consulting Agreement by HPIL GLOBALCOM Inc. With ECOLOGY TRANSPORT SRL

SAGINAW, MI--(Marketwired - Dec 10, 2014) -  HPIL Holding (the "Company" or "HPIL") (OTCQB: HPIL) is pleased to announce that, on December 5, 2014, its wholly owned subsidiary HPIL GLOBALCOM Inc. entered into a Service and Consulting Agreement (the "Agreement") with ECOLOGY TRANSPORT SRL, a private company focused on investing in the communication and ecology sectors. HPIL GLOBALCOM Inc. shall provide ECOLOGY TRANSPORT SRL the service and consulting described in the Agreement beginning on December 5, 2014. The term of the Agreement is two years unless terminated earlier by either party. For more information regarding HPIL Holding, please visit its website at www.hpilholding.com. For more information regarding HPIL GLOBALCOM Inc., please visit its website at www.hpilglobalcom.com. For more information regarding ECOLOGY TRANSPORT SRL, please visit its website at www.ecologytransport.it.

Louis Bertoli, President & CEO of HPIL Holding said "We have entered into an agreement with ECOLOGY TRANSPORT SRL through HPIL Holding's wholly owned subsidiary HPIL GLOBALCOM Inc. We are pleased to work with ECOLOGY TRANSPORT SRL and to service their requirements."

Mr. Mauro Minetta, President & CEO of ECOLOGY TRANSPORT SRL, said "We are pleased with our agreement and look forward to working with HPIL GLOBALCOM Inc."

Safe Harbor:
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.

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