SOURCE: Weyland Tech Inc.

#appa

December 01, 2016 09:43 ET

Weyland Tech (WEYL) Expands Management Team

HONG KONG, CHINA--(Marketwired - December 01, 2016) - Weyland Tech Inc. (OTCQB: WEYL) ("Weyland Tech" or the "Company"), a provider of mobile business applications is pleased to announce the expansion of the management team with key hires possessing solid backgrounds in software, video gaming, investment analysis and business/corporate development.

Joining the Company as Chief Technology Officer - Mr. Thet Twe Aung.

In addition, we expanded our Corporate and Business Development & Strategy team with the addition of Mssrs. Matthew Brent and Jason Chang, and our Capital Markets and Strategy team added Mr. John MacNeil.

Thet Twe Aung

Spending 10 years in software development industries, Thet has in-depth knowledge in various development methodologies, software design patterns, data modeling and hands-on experience with mobile/web programming, socket programming, frameworks, SDKs and APIs. In 2015, he founded and served as a CEO of Escape Pixel, a digital startup in Singapore that provides customized digital solutions to enterprises and businesses. With vision to shape the future of its community, he is also an active contributor/developer of many open source software projects which advance linguistic evolution, localization, and cognition.

Thet holds a Bachelor of Science with honors degree in Business Computing and Information Technology from the University of Wales, Prifysgol Cymru.

Mr. Jason Chang

Jason has been in the technology, corporate strategy, product management, sales and marketing sector for over 18 years. Started his career in Silicon Valley with various startups and his last position was the Regional Head for National Sales in Groupon Asia, a NASDAQ listed company. He oversaw sales, partnerships, business development and handled strategic accounts for Groupon's top merchants. Jason has led regional teams in Singapore, Malaysia, Indonesia, Taiwan and Hong Kong. He received his Bachelor's degree from University of California, Berkeley.

Mr. Matthew Brent

Matt has over 10 years' experience in software and product development across the US and Asia, working with local and remote teams to deliver global product for entertainment, media and technology companies such as Sony Computer Entertainment America, Activision Blizzard, The Upper Deck Company, and The Sesame Street Workshop. He has held senior creative, production, and operational roles at both bootstrapped startups and well-capitalized multinationals, most recently shipping a therapeutic neurofeedback program designed for children with attention deficit disorder. He received his Bachelor's of Philosophy from the University of Illinois, Chicago.

Mr. John MacNeil

John MacNeil has established extensive experience in the financial services and technology industries over the course of a thirty-year career. From 2008 to present, John advised technology, financial technology, and renewable energy companies on strategic relationships, financial forecasting, investor relations and capital formation.

Prior, John was a Vice President at Schroders Investment Management (1999-2008) where he was Portfolio Manager for the $300 million global technology fund (2003-2008) and the emerging technology fund. Before joining Schroders, John was an Equity Strategist (1993-1999) at UBS/PaineWebber and Citigroup/Salomon Smith Barney focusing on areas of asset allocation and technology investment. He holds an MBA from Columbia Business School, as well as a BSEE from University of Connecticut.

About Weyland Tech Inc.

Weyland Tech's "CreateApp" platform is focused on the Asia markets. Our CreateApp platform is offered in 12 languages and enables small-medium-sized businesses ("SMB's") to create a mobile application ("APP") without the need of technical knowledge and background. SMB's can increase sales, reach more customers and promote their products and services via a simple easy to build mobile APPs in an affordable and cost-effective manner, www.weyland-tech.com/.

For further information about Weyland Tech, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL 757-306-6090 (001-757-306-6090), yes@yesinternational.com, info@weyland-tech.com and http://www.weyland-tech.com/.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

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