SOURCE: Tanke, Inc.

January 14, 2015 12:42 ET

Tanke, Inc. Completes the GoEZ Group Acquisition

With Incubation Model Graduate, Begin Entrance Into E-Commerce, ePayment and Location Services

FORT LAUDERDALE, FL--(Marketwired - Jan 14, 2015) - Tanke, Incorporated (OTC PINK: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and "cleantech," is pleased to announce that it has completed the acquisition of GoEZ Discount Inc. (GoEZ) via a stock exchange agreement that will see TNKE assume majority ownership, as well as management control of GoEZ, and its respective GoEZ brands. As previously announced, the Company will begin operations under the new name as SpikCo with Mr. Edward Torres' appointment as President, USA and Latin American operations.

With the completion of this acquisition, the Company has advanced into an industry with major market potential and further solidifies Tanke's incubation model. Tanke made an investment and GoEZ became a member of the Company's incubation program in early 2014.

GoEZ, headquartered in New York, has been an early entry into the e-commerce discount buying service and a depot warehouse that sells to urban mom & pop stores. GoEZ offers online daily deals, primarily targeting underserved markets. It also assists merchants to sell their products and gain new customers. GoEZ's wholesale depot warehouse services over 2,500 mom & pops in Metro NY. Now, GoEZ has also started its Mobile payment and location services platform to address a market estimated to reach over $200 billion by 2019.

"We are very pleased with having Mr. Ed Torres join us and with GoEZ platform's push forward in e-commerce, ePayment and location services," states Ms. Carrie Zhang, CEO of Tanke, Inc.

According to JP Morgan, the online daily deals segment of the social e-commerce and discount wholesaling industries is one of the fastest growing sectors of the overall discount and tech industry. This is primarily because online and wholesaling type companies, led by Family Dollar, Amazon, Living Social, and Facebook have discovered a way to include small- and medium-sized businesses into the internet marketing craze with very little effort on the business owner's part. Statistics show that online ad spending for small- and medium-sized enterprises (SMEs) will grow 35% over the next five years. Furthermore, analysts expect local online promotion budgets -- including couponing, loyalty programs and daily deals -- to burst out to $8.2 billion in 2015. In addition, the online daily deals segment has experienced a steady 35.1% growth year over year for the past three years, and is expected to continue rapid growth, achieving nearly half of projected local online promotions revenue in 2015.

"The GoEZ platform under SpikCo affords us access to growth potential. Having been a recipient of the Company's incubation program we can now move faster and capture new and exciting growth industries such as ePayment and Location Services while still growing our traditional e-commerce discount business," states Ed Torres, President of SpikCo, Tanke, Inc., USA and Latin American Operations.

"I fully believe we have a disciplined commitment to grow the Company's operations, entering these industries early and targeting markets with the most growth potential. I am fully prepared and extremely excited to be an integral member of the Company," says Mr. Edward Torres, as newly appointed President of SpikCo, Tanke, Inc., USA and Latin American Operations.

Additional information is available on the Company's website: www.tankeinc.com or contact Investor Relations at: info@tankeinc.com

About Tanke, Incorporated
Tanke is a diversified holding company with the mission to develop, manage and finance emerging companies in high growth industries. Tanke is focused in the development of environmental technologies and "Cleantech" for a wide range of markets such as commercial, industrial and municipal applications. Tanke believes that globalization and the emergence of Asia stresses natural resources, water, energy and food, and environmental technologies will be at the forefront of the new paradigm shift in usage of resources. Through its subsidiaries and affiliates in the world and with its deep experience in China -- the fastest growing emerging market in the world -- Tanke seeks to grow through acquisitions, organic growth in the USA and also in the emerging markets. Our holdings consist of: Environmental & Water technologies, eWaste, Software-as-a-Service's (SaaS) Enterprise Resource Planning (ERP) software technology, reverse logistics technologies and recycling technology.

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's OTC Markets disclosures and filings (www.otcmarkets.com). The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

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