5/1/14 9:03 AM ET (Market Wire)
Bitcoin Shop, Inc. (OTCQB: BTCS), the virtual currency ecommerce
marketplace www.bitcoinshop.us, today announced the appointment of
Transform Public Relations ("Transform") as its technology, consumer
and e-commerce public relations agency and SocialRadius as its social
media marketing firm. Both companies are divisions of Terpin
Communications, Inc.
With offices in Santa Monica, Mountain View, New York City and Las
Vegas, Transform has created and executed PR campaigns on behalf of
leading Bitcoin and digital currency companies, including some of the
industry's premier companies: CrossCoin Ventures, Cryptex Card,
KnCMiner, Kraken, MaidSafe and Mastercoin, as well as projects for
GoCoin, Gyft and representation of many of the Bitcoin industry's
leading tradeshows, including the Bitcoin Expo, Bitcoin Finance,
Future of Money, and the North American Bitcoin Show.
Sister company SocialRadius has been a veteran of social media
marketing since 2006, representing top brands including Affinia
Hotels, Constant Contact, Kawai, NBC, Participant Media, Philips,
Scott Brothers Entertainment (Property Brothers), and Will.i.am ("Yes
We Can" viral video during Obama campaign).
Michael Terpin, founder of both companies, is a recognized innovator
in PR, social media and technology platforms for the PR industry. He
founded what is now Marketwired in 1994 as Internet Wire, selling the
company, which was backed by Sequoia Capital and Hummer Winblad, in
2006. More recently, Terpin co-founded BitAngels (2013), the largest
angel investor group for Bitcoin-related companies, and the BitAngels
Fund (2014), the first venture fund dedicated to decentralized
applications.
Charlie Kiser, Chief Marketing Officer of Bitcoin Shop, commented,
"We're excited to have Michael and his team representing Bitcoin
Shop. Transform and Social Radius together bring the network and the
expertise we need to engage and communicate with shoppers, media
channels, and industry influencers."
"Bitcoin Shop is well positioned to build on its early ecommerce
traction with bitcoin enthusiasts and supporters. We look forward to
reaching out to the bitcoin community, and engaging customers
everywhere to help share the advantages of shopping with bitcoin and
other virtual currencies," said Terpin.
About Bitcoin Shop, Inc.:
Bitcoin Shop, Inc. operates an ecommerce
website (www.bitcoinshop.us) where consumers can purchase products
using virtual currency such as bitcoin, litecoin and dogecoin, by
searching through selection of over 400 categories and over 140,000
items. Bitcoin, litecoin and dogecoin are virtual currencies that use
peer-to-peer networks to facilitate instant payments. They are all
categorized as cryptocurrencies, as they use cryptography as a
security measure. Bitcoin, litecoin and dogecoin issuances and
transactions are carried out collectively by the network, with no
central authority, and allow users to make verified transfers.
Forward Looking Statements:
Certain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. While the Company
believes these forward-looking statements are reasonable, undue
reliance should not be placed on any such forward-looking statements,
which are based on information available to us on the date of this
release. These forward looking statements are based upon current
estimates and assumptions and are subject to various risks and
uncertainties, including without limitation those set forth in the
Company's filings with the Securities and Exchange Commission, not
limited to Risk Factors relating to its virtual currency business
contained therein. Thus, actual results could be materially
different. The Company expressly disclaims any obligation to update
or alter statements whether as a result of new information, future
events or otherwise, except as required by law.
 | Contact: Media Contact: Michael Terpin Transform Public Relations 310-862-6312 (direct) Email Contact Investor Relations Alliance Advisors, LLC (914) 669-0222 (212) 398-3486 Email Contact | |
SOURCE: Bitcoin Shop, Inc.
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