Adamant signs Letter of Intent to acquire 51% Interest in Domooptik d.o.o.

Vancouver, British Columbia – (August 26, 2022) – Adamant Global Holding (CSE: ADMT) (OTC: UCCPF) (FSE: U06) (“Adamant”) announces that it has signed a non-binding letter of intent to acquire 51% of the shares of Domooptik d.o.o., a fiber optic service provider situated in Bosnia and Herzegovina (Balkans region of southeastern Europe), with Fiber Optic assets covering a substantial  area of its capital, Sarajevo.

This initiative is a strategic follow-up to Adamant’s recently announced acquisition of a substantial position in Europronet, and will provide high speed Internet access to Europronet’s business and residential customers while providing a strong foundation for growth. This undertaking will also improve Adamant’s competitive edge and stability through ownership of its own high-speed network.

The benefits of Fiber Optic are significant and include:

Andrea Pagani, CEO of Adamant Global, commented: “This is a strategic and forward-looking acquisition, which will reinforce the quality of service we are able to provide to Europronet’s customers. It also introduces a major asset into our corporation. Through this and other strategic measures, Adamant is expanding its business from wholesale telecom into the lucrative retail market.

These changes enable us to better-serve retail and small to medium-sized organizations, which will ultimately foster customer loyalty and growth of the customer base.  This, in turn, will expedite distribution of our strategic payment and communication App, and reduce associated marketing costs.”

About DOMOOPTIK

D O M O O P T I K“ Društvo za telekomunikacijske usluge  d.o.o., is a Licensed Public Electronic Communication Networks Operator located in Sarajevo Bosnia and specializing in IT Consulting, and set up and maintenance of fiber optic networks.

The company was founded on April 27, 2017 and subsequently aligned with Europronet (Licensed Telecom Carrier) to acquire its customer base.

About ADAMANT

ADAMANT Global Holdings is the owner of Oktacom Inc, a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business; and Brilliance LTD, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

Brilliance has designed a software application similar to SKYPE and WhatsApp for Apple iOS and Android platforms.

Adamant signs Letter of Intent to acquire 51% Interest in Europronet

Vancouver, British Columbia – (August 19, 2022) – Adamant Global Holding (CSE: ADMT) (OTC: UCCPF) (FSE: U06) (“Adamant”) announces that it has signed a letter of intent to acquire 51% of the shares of Europronet, a Licensed Carrier Operator and Internet Service Provider located in Sarajevo, Bosnia and with a strong business presence throughout the Balkans region of southeastern Europe. The acquisition transaction is scheduled to be completed in 60 days.

Europronet operates as a full local Telecom Operator and an Internet Service Provider throughout Bosnia & Herzegovina and has an extensive residential and corporate customer base in this region. It also provides field engineer services to financial institutions and has an important international market through its wholesale business.

Europronet’s strong position in the Balkan’s region and in the retail market particularly, will provide Adamant with the following benefits and opportunities:

  • A large customer base for Adamant’s range of digital products and services.
  • Opportunities to capitalize on Europronet’s strong business relationship with the local Tier 1 Fixed and Mobile Operators by offering them Upco Messenger and Upco’s payment solution.
  • Access to the interconnections of Europronet’s local carriers for Adamant’s Telecom International Operations.

Andrea Pagani, CEO of Adamant Global, commented: “Europronet’s operation is a very significant milestone in the life of the company – and a complement to Adamant’s structure and growth plan.  This acquisition will provide us with a strong presence in the Balkans and a large base of residential and business customers, which we can leverage to expand our Telecommunications Business and deploy our Fintech Solution. These are key steps in consolidating and reinforcing Adamant’s balance sheet.”

About EUROPRONET

EUROPRONET is a Licensed Carrier Operator and a European Internet service provider (ISP) based in Sarajevo, Bosnia. It was founded in 2001 and is registered to carry out telecommunications activities as a basic service, as licensed by the relevant state, federal and cantonal ministries.

Europronet offers the following services:

  • Voice over IP (VOIP).
  • Internet access for private and business users.
  • Web services – development and accommodation web presentation, online marketing.
  • Business solutions based on information technologies.
  • Technical support.
  • Housing, Hosting, Geographical Numbering Plan, Leased Line and Complex Wireless Solutions.
  • Fiber Optic.

About ADAMANT

ADAMANT Global Holdings is the owner of Oktacom Inc, a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business; and Brilliance LTD, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

Brilliance has designed a software application similar to SKYPE and WhatsApp for Apple iOS and Android platforms.

Adamant publishes an increase in Q1 2022 revenue

Vancouver, British Columbia – (June 16th, 2022) – Adamant Global Holdings. (CSE: ADMT) (OTC: UCCPF) (FSE: U06) (“Adamant”) announces 318.511USD of revenue on its financial statements for the first quarter ended on March 31th 2022. All the audited statements can be access on the SEDAR website.

In a context of market inflation, the management is taking all corrective measures to confirm financial objectives for 2022. First quarter of the year showed an improvement compared to Q1 2021 —which had no revenue due to its dormant statements—, and to Q4 —which registered 275.833USD— thanks to the relaunch of the telecom division (Oktacom Inc).

The reactivation of the wholesale business has been the key to achieve this numbers. Andrea Pagani, Adamant’s CEO, expresses the following:

“Dear shareholders:

I’m taking with enthusiasm all the challenges that we have had. Our goal is very clear: we want our digital divisions to be important players in their respective sectors. In this first quarter, Adamant has delivered a solid performance with significant revenue, and this allows us to confirm that we’re on track to achieve our 2022 targets. The results obtained also demonstrate management’s ability to grow in the telecommunications market, and represent a strong foundation for this year and longer term.

We are glad to communicate the revenue that we have had during 2022 Q1. This translates in 318.511USD. All this wouldn’t be possible without Oktacom and our agreements with telecom carriers (fixed and mobile). When we look at the numbers that we have this year, we are confident that we are going in the right direction.

Our strategy is very clear and our goals are:

  1. Develop the fintech business by leveraging through our telecom business.
  2. Strengthen the group by acquiring companies that will help increase and consolidate our financials and market capitalization.

We have two defined companies with excellent synergy (Oktacom and Brilliance); the telecom division will drive the distribution and the growth of the fintech sector.

We are working non-stop to deliver the Upco Pay application and our intention is to deliver a product with the minimum risk to our investors in the market.

This strategy will invoke a three-phase approach as follows:

  1. Leverage core business capabilities and assets (Wholesale Telecom).
  2. Reinforce the core business by expanding into related areas (Voice and Data).
  3. Continue adding value to customers though extended offerings (OTT and UpcoPay).

Adamant is stronger than ever, and part of our objectives are to reduce costs. We value the money that every shareholder has put in this company.

I also want to reaffirm that Upco Pay is more alive than ever and that all our work is being done behind the scenes, in order to present a successful product.

On behalf of the board,”

Andrea Pagani, Adamant’s CEO.

About ADAMANT

ADAMANT Global Holding is the owner of Oktacom Inc, a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business; and Brilliance LTD, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

Brilliance has designed a software application for Apple iOS and Android, like SKYPE and WhatsApp.

Adamant Global Holdings announces significant revenue growth

Vancouver, British Columbia – (May 20th, 2022) – Adamant Global Holdings. (CSE: ADMT) (OTC: UCCPF) (FSE: U06) (“Adamant”) published its Financial Statements 2021. The filing shows the growth of the working capital and an increase in sales due to the renewed business of Oktacom Inc, subsidiary of the public Canadian company. This translates in $496K of revenue.

All the audited statements can be accessed from the SEDAR website. Andrea Pagani, Adamant’s CEO, published a letter to the shareholders that expresses the following:

Dear shareholders,

2021 was an incredible year, one of the best that we have had. After facing different problems successfully we are glad to announce the reactivation of our wholesale business. A year ago, Oktacom Inc., our subsidiary, was dormant, and during this period we established a professional team that has been helping us expand long distance communications. Nowdays, we are interconnected with many telecom carriers and are continuing to establish strong relations, with mobile operators around the world. This ongoing business allows us to reduce our debts, increase our working capital and have substantial revenue growth.

Adamant is closing this period with a significantly strengthened balance sheet thanks to the reduction in costs for SG&A; decrease in total liabilities, reactivation in wholesale voice sales and strong capital inflows.We finished the year with positive working capital ($1,300,000) and revenue ($496,000).

The current management was the main key to achieve and improve the financials relaunching the company; and this has allowed us to continue working on integrating the payment solution to our existing application (Upco Messenger).

Our objectives have never changed and they will not change. The plan in 2021 to develop the product which would been in the market by the end of that year was too aggressive without the support of a business that we are consolidating now. Our goals are to make us stronger in the telecom business acquiring companies that will help us market the app in different regions and countries. We also want to reiterate to the shareholders that we are working non-stop to deliver a product, minimizing risks and maximizing chances with an adaptable plan.

Our operational highlights for the communication and payment aplication during 2021 were the following:

  1. Engagement with Codeversity -a technology company that develops digital products for global customers- to create digital strategy, with the following results: Discovery phase resulting in a product design.
  2. Work with Snoop Consulting, a Digital Transformation company, to improve the customer experience for the user, redesigning the roadmap of an existing application.
  3. Growth of Upco Messenger (40,000 users)

In addition to this, Oktacom Inc, our subsidiary, was granted the 214 international Telecommunication License.

Thanks to our positive working capital, our priorities for 2022 include:

  • Continuing the development of the UPOne platform.
  • Developing marketing with leading retailers.
  • Strong investment in sales, marketing and communication strategies to drive growth.
  • Increasing the number of end-user customers leveraged by our acquisition strategy of telecom companies with a solid customer base. Our M&A strategy is fully in place, stronger than ever, as we are carrying out due diligence with several targets.

In the middle of this year, we decided to change the name of our company as part of our marketing strategy. Adamant refers to something unshakable; this is linked to the compromise that the company assumes: being in a solid position to address the technology sector.

Every day we gain more experience and our goals are more ambitious. We are working non-stop to deliver our promises. The company under the new name Adamant is stronger than ever, with several projects to be implemented and developed in a market that will continue growing”.

On behalf of the board members

Andrea Pagani, Adamant CEO

Adamant Global further announces the results of Annual General Meeting held on May 10th.

It was resolved that the numbers of the directors will continue as in 2021 integrated for Andrea Pagani, as the CEO, Juan Ramos Taboada and Estanislao Peña. The stock option plan will also remain as in 2021.

MSLL CPA LLC, Chartered Professional Accountants, was appointed as auditors of the Company to hold office until the next annual meeting of shareholders.

About ADAMANT

ADAMANT Global Holding is the owner of Oktacom Inc, a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business; and Brilliance LTD, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

Brilliance has designed a software application for Apple iOS and Android, like SKYPE and WhatsApp.

UPCO Announces Name Change to “Adamant Holding Inc.” and Symbol Change

Vancouver, British Columbia–(May 2th, 2022) – Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) (“Upco” or the “Company”) announces that ithas changed its name to “Adamant Holding Inc.” and changed its stock symbol to “ADMT” as partof its corporate rebranding initiative.

The Canadian Securities Exchange will publish a bulletin announcing the effective date of the change in the Company’s name and it is anticipated that the common shares of the Company will

commence trading under its new name and stock symbol on or about May. The CUSIP and ISIN numbers will change to 00547K105 and CA00547K1057, respectively.

Andrea Pagani, Upco CEO, comments: “this initiative was thought as part of our marketing strategy, to impulse all the projects that we plan to present this year. Adamant, translated, means “unshakable” or “resolute”, referencing the company’s steadfast approach in the technology sector. Our vision is reinforced to become a global federated provider of world-class application, and service-centric telecom solutions; as well as cutting-edge smart-phone applications for financial services.”

UPCO management also informs that the Annual General Meeting has been postponed to May 10th due to a delay of local post office in delivering the invitations. The new date will allow UPCO to have complete presence of all the shareholders. The meeting will be held at 10hrs, P.T. and everyone could connect here.

No action is required to be taken by shareholders with respect to the name change.

About UPCO

UPCO International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. UPCO is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business.

UPCO has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp, and with the pending addition of the Upco e-Wallet.

Oktacom Inc. is granted the 214 International Telecommunication License

Vancouver, British Columbia – (March 17, 2022) – Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) (“Upco” or the “Company”) announces that Oktacom Inc. – a telecommunications company and subsidiary of UPCO – has been granted the 214 International Telecommunication License regulated in the United States of America.

This license, from the Federal Communications Commission (FCC), represents a substantial opportunity for Oktacom and its shareholders. It allows the company to provide telecommunication services between the US and other countries and fosters growth by allowing it to provide services directly rather than through third party providers. More specifically, it enables Oktacom as follows:

  1. To become a facilities-based international common carrier subject to 47 CFR §§ 63.21, 63.22.
  2. To become a resale-based international common carries subject to 47 CFR §§ 63.21, 63.23.
  3. To assign or transfer control of international Section 214 authority in accordance with 47 CFR §§ 63.24.
  4. To exceed the foreign benchmarks applicable to common carrier radio licensees under 47 U.S.C. § 310.

This framework ensures that the U.S. market is protected against potential anti-competitive behavior by a carrier with market power in a foreign country. It also allows private line, switched long distance, prepaid services and calling card services.

In other developments, and consistent with its marketing and business strategy, Oktacom’s management is entering into a second phase of expansion with a new target identified in the Balkans, which offers aligned services: voice business, telecommunications carriers and traffic termination. In coming weeks, Oktacom will send a letter of intent to make an official offer to acquire this company.

Successful closure of this deal will provide the group with a strong presence in this region, which will expand reach and bolster its revenue stream. Oktacom Inc. is also studying the market to offer Fiber Optik, Mobile Virtual Network Operator and Internet of Things services.

About Oktacom Inc

Oktacom Inc. is a telecommunications company that offers effective, high-quality communications with competitive prices in niche markets globally. The company was founded in 2014 by a team of experienced telecom and finance specialists.

It operates in the wholesale business in different countries and is powered by Upco International, a publicly traded company that believes the future lies in technology development.

About Upco International

UPCO International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

UPCO is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. UPCO has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp, and with the pending addition of the Upco e-Wallet.

UPCO Messenger reaches 40,000 users

Vancouver, British Columbia–(February 22, 2022) – Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) (“Upco” or the “Company”) informs shareholders that UPCO Messenger has reached 40,000 users.

UPCO is escalating its efforts to deploy UPCO Messenger throughout Europe and to add payment functionality – a combined solution that will help people communicate more effectively while facilitating faster and more secure payments. To expedite this goal, the company is working with Snoop Consulting, a Digital Transformation company that delivers innovative products and strategic advice to digital businesses.

Gustavo Guaragna, Snoop Consulting CEO, commented: “Our review of the European market suggests that it is not presently served by an application that supports both payments and unified communications. The new app will enable users to make payments, organize their personal or company budget, and communicate via chat. Our goal is to make the users’ life easier by providing a simple and reliable app, which is straightforward to use and understand, and minimizes updates that can consume their data.”

Andrea Pagani, UPCO International CEO explained: “We started working with Snoop to define the optimal range of features to benefit customers’ experience with the new integrated solution. Our objective is to create a world class application that responds to the need in the market to provide customers with a convenient and effective communication and payment tool. Our application will be ideal for travelers, digital nomads, and anyone who wants to have everything in one place and available with a click. Over the past year we have worked with methodologies such as Canvas and Kano to define the user persona for our application – a follow-up to the market analysis that we performed in 2021 with Codeversity.”

A key underlying concept of for UPCO Messenger is to maintain an ecosystem with lower data consumption on the server, which will be ideal for users who travel. Our application consumes less data than other apps such as WhatsApp and Telegram. UPCO’s strategy is to engage the consumer market in Europe with a viable and cost-effective alternative, which effectively addresses users’ requirements for functionality, privacy, and data management.

UPCO Messenger users are principally located in Germany, Italy, Israel, Egypt, France, Kazakhstan, Russia, Bangladesh, Poland and Indonesia. This application allows messaging around the world as well as internal and external calls.

About Snoop

Snoop Consulting is a software service company, which delivers innovative products focused on business transformation. Through its in-depth knowledge of technological services, it can address customer priorities such as operational efficiency, development, and digital transformation.

Snoop has worked with other companies such as DIRECTV, Zurich Insurance, City Bank and Bayer. It also has partnerships with Google Cloud, Microsoft and Huawei. Its CEO, Gustavo Guaragna, has been invited to participate as a speaker and outline his technical and business vision of the IT industry in India, Poland, and Latin America.

About UPCO

UPCO International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. UPCO is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business.

UPCO has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp, and with the pending addition of the Upco e-Wallet.

Upco works with Snoop Consulting to improve the new UPCO APP

Vancouver, BC, January 27, 2022, Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (Frankfurt: U06) (“Upco” or the “Company”) is pleased to announce its partnership with Snoop Consulting, a Digital Transformation company that delivers innovative products and strategic advice to digital businesses. This alliance was established to collaborate on improving the user experience of the new UPCO messaging and payments application.

Andrea Pagani, UPCO International CEO, commented, “We are delighted to be working with Snoop Consulting. Our goal is to design the most powerful platform in the market and part of that strategy involves improving the quality of user interactions with our product. Snoop Consulting is helping us realize this goal.”

Gustavo Guaragna, Snoop Consulting CEO, noted: “We are very pleased to have an opportunity to work with UPCO on the lean inception for the customer experience improvements of this unified communications and payments solution. Our focus, in collaboration with Upco, is to make the application more attractive and useful for the market.”

The alliance of UPCO and Snoop Consulting will result in an optimized version of the application that reflects an improved understanding the user’s needs, desires, and expectations. Once completed, it is anticipated that this new app will be deployed throughout Europe.

Snoop has very substantial relevant experience in the telecommunications market and, more specifically, with payment and e-commerce platforms, having developed digital wallets for Fintech companies.

With this partnership, UPCO reaffirms its commitment to the development of a new app that will help people communicate more effectively, and facilitate faster, more secure payments.

The company is also focused on the telecommunications business, reinforcing alliances with local telecom licensed operators and partners to penetrate the retail market. This work is being undertaken to achieve growth in the wholesale sector.

About Snoop

Snoop Consulting is a software service company, which delivers innovative products focused on business transformation. Through its in-depth knowledge of technological services, it can address customer priorities such as operational efficiency, development, and digital transformation.

Snoop has worked with other companies such as DIRECTV, Zurich Insurance, City Bank and Bayer. It also has partnerships with Google Cloud, Microsoft and Huawei. Its CEO, Gustavo Guaragna, has been invited to participate as a speaker and outline his technical and business vision of the IT industry in India, Poland, and Latin America.

About Upco

Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business.

Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp, and with the pending addition of the Upco e-Wallet.