SOURCE: Symbid

Symbid

July 22, 2015 08:45 ET

Senior Marketing, Tech & Finance Executives Join Board of Directors of Symbid, The Funding Network™

Addition of High-Level Board Members to Professionalise Corporate Structure of Online Funding Platform

ROTTERDAM, THE NETHERLANDS and NEW YORK, NY--(Marketwired - Jul 22, 2015) - Symbid Corp. (OTCQB: SBID) www.symbidcorp.com

Symbid -- the financial technology brand behind The Funding Network™, where companies get funded and grow -- today announced the addition of four new members to its Board of Directors. The new members include former MD of Deutsche Telekom Hendrik Kasteel, former Sanoma COO Michiel Buitelaar, former Morgan Stanley officer Jérôme Koelewijn and leading Silicon Valley tech specialist Vincent Lui. With a combined 87 years of experience in high-level positions at some of the world's most successful corporations, the new board members will offer their expertise to help Symbid accelerate the growth of its online funding platform.

"We're delighted to welcome the expertise and knowledge of Messrs. Kasteel, Buitelaar, Koelewijn and Lui to our Board of Directors. Together they bring unparalleled, high-level experience with some of the most successful global brands in telecoms, media and finance," said Korstiaan Zandvliet, co-founder and CEO of Symbid Corp. "With strong backgrounds in venture capital and investment consultancy in both Europe and North America, they can contribute immensely to the ongoing growth of our online funding platform, The Funding Network™, connecting traditional and alternative finance. We see their support of Symbid and our mission to simplify the way small businesses are funded through innovative technology as a vote of confidence in the way our business is heading."

Hendrik Kasteel, with over 20 years of experience as a telecommunications and media executive, is a leading European marketing professional having served as both CCO and CMO of T-Moble Netherlands and Austria respectively. Former Sanoma COO Michiel Buitelaar has 25 years of international experience in high-tech telecommunications that includes serving as CDO for leading TV producer Endemol and Managing Director of KPN's consumer business. Jérôme Koelewijn has enjoyed 22 years of experience in global leadership roles relating to finance and technology, having worked as a Client Advisory Officer in investment and wealth management at Morgan Stanley. Vincent Lui, meanwhile, has more than 15 years of entrepreneurial experience and domain knowledge across several cutting-edge technology sectors and personally oversaw the acquisition of VSS, for whom he served as VP of Corporate Business Development, by Danaher Corporation (NYSE: DHR), a $50 billion Fortune 150 company.

"Having closely followed the progress of Symbid as one of the first equity crowdfunding platforms worldwide, we're excited to offer our services in accelerating the growth of The Funding Network™ as a leading online portal for traditional and alternative finance," said Hendrik Kasteel. "As one of the most innovative European players in financial technology, our commitment to Symbid is based on a firm belief that this company has the potential disrupt the financial world by enabling a more transparent and efficient way of funding small businesses."

The new members of the Board of Directors include:

Disclaimer
This press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy securities of Symbid Corp. (the "Company") in the United States, Australia, Canada or Japan or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction.

About Symbid Corp.
Founded in April 2011 as one of the first investment crowdfunding platforms worldwide, Symbid is The Funding Network™, where companies get funded and grow. As a leading online funding portal for small- and medium-sized enterprises, Symbid (www.symbid.com) gives entrepreneurs direct access to traditional and alternative forms of finance, while offering investors full transparency on the potential risks and returns of their portfolio. Advanced investing, monitoring and data tools ensure companies connecting to The Funding Network™ are financed in the most efficient way possible. Built around cutting-edge technology and expert financial advice, The Funding Network™ by Symbid is the go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of July 2015, The Funding Network™ has a monthly transaction volume of over $50 million with the potential for generating future revenue streams. With 50 funding partners already connected -- including banks, venture capital, angel investors and 32,000 private (crowdfunding) investors -- the total transaction volume of The Funding Network™ in 2015 is estimated at $800 million. Symbid Corp. is a U.S. publicly listed company (OTCQB: SBID). For investor relations, please visit www.symbidcorp.com.

Safe Harbor Statement

This release may include predictions, estimates or other information that might be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgement on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. The predictions discussed in this release are based on the personal opinions of certain individuals and are supported by a consensus within the crowdfunding industry and alternative finance world generally. For a more complete discussion of these predictions and certain risk factors which may affect our future business operations, please review our most recent Form 10-K, particularly under the heading "Risk Factors." PDF copies of these forms can be viewed and downloaded on the Symbid Corp. Investor Relations website at www.symbidcorp.com.

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