Graph Blockchain Announces Former IBM Senior Executive to Join the Board

TORONTO, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Graph Blockchain Inc. ("Graph" or "Company") (CSE: GBLC) is very pleased to announce that Bernie Rice has joined the Graph Board of Directors.  With this appointment, the Board of Directors is now comprised of four members, three of which are Independent Directors.

Mr. Bernie Rice is recognized as one of the world's leading experts in Information Technology. Mr. Rice has a wealth of enterprise business experience and significant senior level relationships that are indispensable in developing many strategic partnerships. Mr. Rice and his business partner, Wesley Clark, retired United States Army General and former Presidential Candidate, are currently working with a portfolio of companies providing leadership capabilities in multiple leading-edge technology sectors.

Mr. Rice began his career with IBM in sales and held various sales leadership positions until 1983 when he entered IBM's finance fraternity. Mr. Rice's work in business case structure and portfolio analysis led him to a role as IBM's Finance Director for Application Software in 1985. By 1989, Bernie was promoted several times and was appointed Director of Finance, Planning and Administration for IBM's Southern Area. In that role, Mr. Rice was responsible for the staff functions of a $3 billion business and he was instrumental in positioning IBM's Southeast Region as the leader in billable services.  Mr. Rice became Chief Financial Officer and General Partner for the IBM Venture Capital Group in 1993 and then Vice President of Business development for IBM's Consumer Division in 1998. There he managed projects like IBM's partnership with Berkshire Hathaway and Hallmark for the development of its breakthrough on-line research and learning platforms. Mr. Rice also served as Chief Executive Officer of Edmark Inc., the IBM subsidiary that developed innovative educational software for children.

Mr. Rice holds a B.A. from St. Anselm College (Manchester, New Hampshire) and a Masters in Business Administration in Marketing from Georgia State University. Mr. Rice also attended the IBM Presidents Program (a special Executive MBA program) at Harvard University.

"We are very fortunate and proud to attract such exceptional talent to the company.  Bernie's appointment as a Director on Graph's Board provides the company an invaluable asset through his extensive experience and relationships.  His knowledge and ability in steering public companies, along with his deep network, will undoubtedly support Graph's growth path and ensure successful execution of our strategies.  Most importantly, having Bernie be a part of our company is a testament to our focus in growing from a small cap company into a global corporation," says Peter Kim, CEO of the Company.

"I am thrilled to join Graph's board and be a part of their continuing growth. Seeing what the company has achieved to date is very impressive on its own merit, and when I was asked to join the board, it was evident that through my network, I would be able to help elevate the company to the next level, in becoming a global name in one of the highest potential growth areas within the technology industry," says Bernie Rice, Director of the Company.

About Graph Blockchain Inc.

The Company develops leading-edge private blockchain business intelligence and data management solutions and is a pure play in the graph database technology space. Graph leverages their proprietary integration of the AgensGraph Database engine with IBM's Hyperledger Fabric to create a transparent and immutable ledger with near real-time transactional data processing and intuitive data visualization. The Company's powerfully unique solution has translated into a high growth trajectory, with the company securing multiple prototype development contracts with multi-national conglomerates, and the opportunity to sell across client subsidiaries as a full enterprise product.

Additional information on Graph Blockchain Inc. is available at: www.GraphBlockchain.com

For further information, please contact:

Peter Kim ? CEO Graph Blockchain Inc.
Phone: (416) 482-3282 ext. 228
Email: [email protected]

Forward Looking Statements:

The information in this press release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties.  Although the Company considers these assumptions to be reasonable based on currently available information, the same may prove to be incorrect, and the forward looking statements in this press release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward looking statements. Although the Company believes that the expectations reflected in forward looking statements are reasonable, no assurance can be given that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.