VGrab Announces SMART System Development Progress
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2018) - VGrab Communications Inc. (OTCQB: VGRBF) (the "Company" or "VGrab"), an OTC listed issuer, is pleased to provide its shareholders with its corporate update on current business developments.
For the past several months, the Company has been working on the development of its SMART System prototypes and has made substantial progress. VGrab's new SMART System will consist of numerous integrated modules that in concert will provide its end-users with efficiency and ease of implementation.
Currently the Company is working on several modules, including VGrab Memberships system, which will allow its users to sign up via internet or quick response code, also known as "QR Code", VGrab Cloud Management System ("VCMS"), and VGrab Database Management System ("VDMS"). VCMS and VDMS will form the backbone of VGrab's SMART System, integrating each future developed VGrab SMART System's module into the platform. The Company expects to complete development of the VGrab SMART System by the end of its Fiscal 2019.
The Board of Directors and Management would also like to take this opportunity to wish all the shareholders, staff, and business partners of VGrab Communications Inc. and its subsidiaries a Merry Christmas and a Happy New Year.
For more information and the latest news updates, please refer to VGrabs corporate website at and www.vgrabinvestors.com.
On behalf of the Board of Directors,
Lim, Hun Beng, President
VGrab Communications Inc.
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history; the need to comply with governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.