Block One Capital Inc. Establishes Industry Advisory Board and Appoints Mr. Larry Timlick

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VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Block One Capital Inc. (TSX-V:BLOK) (the "Company" or "Block One"), an investment company focused on investing in the blockchain and cryptocurrency space, is pleased to announce that it has established an industry Advisory Board that will assist the Company's investment committee and has appointed Mr. Larry Timlick to the Advisory Board effective immediately. 

Mr. Timlick has over 30 years of extensive technology management experience in a number of technical and sales oriented roles specific to large data center and computing environments in both the enterprise and service provider markets.  Mr. Timlick was most recently Vice-President Major Accounts, Western Canada, at Avaya Inc. and between 1991 and 2004 was a Vice President with Cisco Systems, Inc.  Mr. Timlick gained many accomplishments with Cisco Systems including: Top Americas International Performer ? Regional Manager FY 2000; Highest Regional Percentage of Goal ? Americas International FY 2000; Top Canadian Regional Performance FY 2001 ? Western Region Service Providers; and Top Customer Satisfaction Americas International FY 2002. As the first Cisco Systems employee in Western Canada, Mr. Timlick expanded the business and opened offices in Vancouver, Calgary, Edmonton, Regina and Winnipeg.

Mr. Timlick currently serves on the Board of Directors of the following technology companies: Glance Technologies, Inc. (CSE:GET) and CounterPath Corporation (NASDAQ:CPAH).

"We are excited to have a leading high-performance executive such as Larry join our Advisory Board.  As we evaluate additional investments in the fast evolving blockchain and cryptocurrency arena, his experience and guidance will be a major asset for Block One.  It is our goal to continue to invest in early stage high growth opportunities and acquire significant equity by not only providing capital, but a brain trust of business value creation.  Larry has an established track record of building technology companies that is invaluable", said Mr. David Berg, CEO of Block One Capital Inc.

For more information on Block One Capital Inc. please visit: www.blockonecap.com.

ON BEHALF OF THE BOARD

"David Berg"
Chief Executive Officer and Director

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This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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FOR ADDITIONAL INFORMATION CONTACT:

Block One Capital Inc.

Office: 604-908-3095; email:  [email protected]