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Global Remote Appoints Cryptocurrency Blockchain Mining Technology Specialist to Advisory Board

VANCOUVER, British Columbia, Dec. 08, 2017 (GLOBE NEWSWIRE) -- Global Remote Technologies Ltd. (“Global Remote” or the “Company”) (CSE:RGT), (OTCMKTS:RGTZF), (Frankfurt Stock Exchange:GR9) is pleased to announce that Michael Shader has joined the team as an advisor. Michael is an experienced technologist with deep roots in programming / automation / machine learning, datacenter build & management, and a subject matter expert in the build out, delivery, and optimization of distributed cryptography since its early beginnings.

Michael is a proven technology expert with more than 20 years of experience in the technology sector. He has worked with several startups in the technology space, colocation companies to application scale organizations, leveraging his background to help fuel and scale the growth of organizations.

Michael started working in the crypto space in 1999, back then primarily leveraged for security research, before mining existed and SETI at home were setting the ground work for distributed work. In early 2010, Michael got involved in cryptocurrency mining, where he quickly mined at every iteration of Bitcoin and varying levels of scale, ie. CPU, GPU, the first ASICs from varying manufacturers such as Canaan, Bitmain, and Spondoolies. Michael was as an early miner of alternative coins such as: Litecoin, Ethereum, Monero and Zcash, and one of the first people to apply datacenter technology to mining.

Global Remote CEO Neil Stevenson-Moore commented: “We are extremely excited to have Michael join our Advisory team alongside Lonny McLean. Michael will bring a significant depth to the Global Remote team, as the Company looks at routes to market in the cryptocurrency mining space with a direct benefit of mining operation build out, efficient power & airflow strategies, and yield optimization.”

About Global Remote Technologies

The objective at Global Remote Technologies is to reduce operational costs and improve business practices in the energy domain, specifically the oil and gas sectors. GRT delivers unique, proprietary techniques, technologies and software solutions that support upstream, midstream, and downstream processes. The company is constantly innovating our product and services suite to remain on the cutting edge of technology development by investing in new technologies and refining our existing solutions. GRT services are custom solutions that improve performance, health and safety standards, data security and encryption, and next generation business practices that provide significant savings to clients.

GRT operates in rugged locations around the globe, with offices in Canada, Mexico, Oman, and the United States. Global Remote Technologies is a public company, traded in Canada, U.S. and Germany under the symbols (CSE:RGT), (OTCMKTS:RGTZF) and (FRA:GR9).

On behalf of the Board of Directors
Akash Patel
President and Director

Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, www.grtcse.com.

Contact: Brian Biles
Telephone: 604-329-4421
Website: www.grtcse.com

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company’s management believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Source:Global Remote Technologies Ltd.