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File: Netco Silver - Launch - final.DOCX
NETCO SILVER INC
FOR IMMEDIATE RELEASE TSX.V: NEI
NETCO SILVER TO LAUNCH SMART-DEVICE BUSINESS UNIT BRANDED AS BRISIO INNOVATIONS INC
VANCOUVER, BRITISH COLUMBIA, NOVEMBER 12, 2013
Netco Silver Inc. (TSX VENTURE: NEI) ("Netco" or the "Company") is pleased to announce that it has commenced doing bus
--->iness as Brisio Innovations Inc., has purchased the domain name "Brisio.com", and will be seeking approval of the new
--->name at its upcoming special meeting of shareholders scheduled for December 11, 2013.
The Company intends on launching a new business unit targeting the smart device market, which currently includes smart
---> phones, tablets and smart TVs and is expected to include other devices such as automobiles, wearable computers and ho
--->me automation devices in the future.
The Company's CEO, Paul Andreola, explains the strategy. "We are witnessing a paradigm shift on how consumers interact
---> with their devices. We are in the early days, where consumers download "apps" or mini applications to use on their sm
--->art phones, but the device market is much bigger than phones, and what we call apps today will conceivably be the oper
--->ating systems of the devices of tomorrow.
We intend to pursue an aggressive acquisition spree to better monetize undercapitalized, privately controlled assets.
---> We plan to inexpensively convert "best of breed" apps from one platform and one language to many and to cross market
--->them inexpensively to a global audience at potentially high margins because we believe there could be tremendous econo
--->mies of scale.
Additional opportunity lies in the potential aggregation of the data we acquire and data from our future partners, whi
--->ch we hope can be utilized to deliver timely and user-specific mobile advertising to our future user base. Brisio's g
--->oal is to become a destination site for users to discover the latest and best apps across multiple devices, as well as
---> find editorial content and reviews."
Vision Mobile magazine states, in their report titled "App Economy Forecasts 2013-2016", by Senior Analyst Andreas Pap
--->pas, that the global app economy in 2012 was worth $53 billion, and is expected to rise to $143 billion in 2016.
Mobile Marketing Association published a study in May 2013 titled "Mobile Marketing Economic Impact Study" that states
---> that the mobile marketing ecosystem generated $139 billion of incremental output to the U.S. economy in 2012 and this
---> figure is set to increase to $400 billion over the next 5 years.
Director, Colin Bowkett, says he expects the entire company will be rebranded. "The name ‘Brisio Innovations Inc
--->.' has been reserved with the Registrar of Companies in both Alberta and BC and a special meeting of shareholders is s
--->cheduled for December 11, 2013 to approve a name change from ‘Netco Silver Inc.' to ‘Brisio Innovations In
--->c.'. We've spent the majority of this past year building a trusted team of partners, directors and advisors with exper
--->ience in the capital markets, technology and international sales and we believe that we will be well positioned to bec
--->ome a trusted source for both consumers and advertisers when they want to interact with their smart phones and smart T
--->Vs in the future."
On behalf of the Board
Paul Andreola
President, CEO and Director
Disclaimer for Forward-Looking Information
Certain statements in this news release are forward-looking statements, which reflect the expectations of management r
--->egarding its proposed new business plan. Forward-looking statements consist of statements that are not purely histori
--->cal, including any statements regarding beliefs, plans, expectations or intentions regarding the future, and include d
--->iscussion of: (i) the Company's plans for its shift from a mineral exploration company to a technology focused company
--->; (ii) the launch of its proposed new business unit; (iii) the Company's acquisition plans; (iv) how the Company inten
--->ds to convert app platforms and cross-market apps; (v) statements regarding the Company's hoped for growth potential a
--->nd potential margins; (vi) the Company's proposed name change; and (vii) potential future markets for the Company's pr
--->oposed new business plan. Such statements are subject to risks and uncertainties that may cause actual results, perfor
--->mance or developments to differ materially from those contained in the statements. No assurance can be given that any
--->of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company
---> will obtain from them. These forward-looking statements reflect management's current views and are based on certain
--->expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could ca
--->use the Company's actual results to differ materially from those expressed or implied by the forward-looking statement
--->s, including: (i) that the Company's shareholders fail to approve the name change at the special meeting; (ii) that th
--->e Company is unable to execute its planned acquisitions; (iii) that, even if the Company is able to make the acquisiti
--->ons it hopes to make, it is unable to convert app platforms or to cross market them inexpensively to a global audience
---> at high margins, or otherwise; (iv) that the Company is unable to gain support of the financial market and consumers
--->for its proposed new business plan; (v) that the Company fails to get any regulatory approvals necessary to pursue or
--->execute its proposed new business plan; and (vi) other factors beyond the Company's control. These forward-looking st
--->atements are made as of the date of this news release and the Company assumes no obligation to update these forward-lo
--->oking statements, or to update the reasons why actual results differed from those projected in the forward-looking sta
--->tements, except in accordance with applicable securities laws. Additional information about the Company is available
--->in the Company's public filings with Canadian securities regulators, available on SEDAR at www.sedar.com.
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