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ValueSetters Purchases 20% Stake in AthenaSoft Corp.

BOSTON, Nov. 22, 2017 (GLOBE NEWSWIRE) -- ValueSetters Inc. (OTC:VSTR) announced the purchase of a 20% stake in AthenaSoft Corp. (“Athena”), a software, web and mobile apps development company. With this agreement, ValueSetters will operate as Athena’s business development arm. In conjunction with the acquisition, ValueSetters created a wholly-owned subsidiary, AthenaSoft Inc., to operate the software development business.

The company also announced that AthenaSoft Inc. has obtained a contract to design, build and maintain the mobile app for ChoiceTrade, an online broker-dealer. “We are excited about our partnership with Athena and the opportunity it will provide to help expand our technology consulting practice,” said ValueSetters’ CEO, Cecilia Lenk.

About ValueSetters:

Led by a team of professional investors and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping early stage companies raise capital over the internet. The company also provides technology consulting services as well as strategic advice to help companies grow and evolve to meet the challenges of today's marketplace. For more information, visit our website at http://valuesetters.com.

About AthenaSoft Corp.:

Athena is a software, web and mobile apps development company. Founded in 2008, its professional staff delivers innovative, secure and scalable IT solutions to its clients. Athena operates as a business technology partner by evaluating business challenges and applying the latest engineering technologies to deliver innovative IT solutions. For more information about Athena, visit http://athenasoftsolutions.com/.

Contact:

Cecilia Lenk, CEO
Telephone: 339-368-8100
Email: cecilia.lenk@valuesetters.com

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Source:ValueSetters, Inc.