HONG KONG, CHINA--(Marketwired
- September 06, 2016) - Weyland Tech Inc.
(OTCQB: WEYL) ("Weyland
Tech" or the "Company"), a provider of mobile
business applications announces that it has signed a
strategic licensing agreement with BGT Corporation
Public Company Limited ("BGT"), for the Thai market.
BGT owns the rights to
Body Glove, founded in 1953, in Redondo Beach,
California. BGT distributes men's & women's sport
and casual wears and wetsuits in Thailand and ASEAN
countries such as Myanmar, Vietnam, Laos, Cambodia
and the Philippines. The company has 149 company
owned locations in Thailand alone and was listed on
the
Thailand Stock Exchange in 2007. Body Glove
Thailand's website is:
http://www.bodyglove.co.th/. BGT, in 2013,
established BGT Technology in order to distribute
electronic devices and other related accessories
under trademarks of Wolfeye, Moontech and Boost.
BGT Technology intends to utilize the
Weyland Tech CreateApp platform for BGT's
m-Commerce app as well as provide a 'branded app' to
other industries in Thailand.
Mr. Dickson Goh, CEO of BGT, commented that "As
of December 2015, according to the Thailand Telecom
Industry Database, Thailand had 83 million mobile
subscribers, 5.4 million fixed-line telephone
customers and 39.4 million internet users. Thailand
is ASEAN's second largest smartphone market. With
60,000 mobile developers, Thailand's mobile app
market is ranked third in Southeast Asia, after
Indonesia and Vietnam. Thailand and its neighboring
countries still lack an application platform like
Createapp Technology that we are going to implement.
Thus, our company is confident that
CreateApp Platform will be successful business
in the next 2-3 years. Thailand has 2.8 million
SMBs. Those SMBs and start-ups still need an
application platform to grow their business and
increase revenue."
About Weyland Tech Inc.
Weyland Tech's CreateApp platform is focused on
the Asia markets. WEYL's
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
Forward Looking & Disclaimer /
Privacy