INTEGRATED MEDIA TECHNOLOGY LIMITED ANNOUNCES MEMORANDUM OF UNDERSTANDING TO DEVELOP SOURCING CHANNEL OF HALAL PRODUCTS IN THAILAND | News

SYDNEY and NEW YORK, June 9, 2022 /PRNewswire/ — Built-in Media Technological innovation Minimal (NASDAQ: IMTE) (“IMTE” or the “Firm”), announces right now that the Firm’s subsidiary Globe Built-in Supply Ecosystem Sdn. Bhd. (“Smart”) has entered into a memorandum of knowing with Central Islamic Council of Thailand (CICOT), the Halal Benchmarks Institute of Thailand and the Halal Science Centre Chulalongkorn College Thailand (with each other as “Thailand Partners”), to establish a strategic partnership to collaborate in Halal affairs together with creating specifications, inspection, certification, Halal forensic science laboratory and investigation exchanges.

The Thailand Partners are to actively deliver and assist Sensible to procure Halal products and solutions in Thailand. The Thailand Associates are nicely positioned in the Thailand markets to determine Thai organizations for collaboration in buying approach, high quality handle, possibility assessment, and procedure administration. In addition, the events will actively create modern on the web cooperation to encourage Halal products by on-line platform functions and trade promotions, as well as on organizing joint educational activities this kind of as on the internet schooling classes, conferences and seminars.  The parties shall also share means like the use the title and symbol of the Thailand Associates on advertising and marketing materials and internet websites as a “strategic lover”.

Mr. Xiaodong Zhang, IMTE’s CEO said, “Thailand is 1 of the world’s most critical food stuff producers with massive manufacturing and export prospective for Halal merchandise. We seem forward to doing the job with these 3 esteemed corporations to build Thailand as one particular of our essential strategic sourcing channels. This MOU lays the basis for sourcing an array of Halal items to our European distributors and will boosted our Halal business in Southeast Asia and the entire world.”

About Central Islamic Council of Thailand (“CICOT”)

CICOT is the govt overall body dependable for the certification, checking, and supervision of Halal products and solutions in Thailand, as perfectly as Islamic affairs for The Muslim folks of Thailand. The Kingdom of Thailand is an observer, represented by CICOT and the Halal Requirements Association of Thailand (HSIT). The CICOT’s principal pursuits and expert services are authorities session, Halal product certification, Halal publicity and advertising by publications, radio, tv, internet site, etc.

About Halal Specifications Institute of Thailand (“HSIT”)

The Halal Requirements Institute of Thailand, an special legal spiritual firm, is administered by the Central Islamic Council of Thailand (CICOT).  The HSIT was started on August 11, 2003, to formulate and administer Islamic religious affairs in the Kingdom of Thailand. The laws governing the firm of the Islamic Act (“AOI Act”) have been introduced by Parliament and gained royal assent on 17 Oct 1997. With spending plan help from the Thai Authorities, the HSIT aims to handle Islamic affairs in the kingdom of Thailand, comply with governing administration insurance policies and advertise the Thai food items market as the kitchen area of the entire world.

About Halal Science Center Chulalongkorn University Thailand  (“Halal Science Middle”)

The Halal Science Centre is a network of training heart and laboratory in Thailand focused to retaining Halal benchmarks. The Halal Science Center at the moment has a collaboration with various laboratories in several establishments in Thailand, concentrating on the technological analysis and growth of Halal-relevant science and the verification of Halal products and foodstuff, as required by the sanctity of Islamic legislation. The Halal Science Heart also actively disseminates knowledge about Halal items to the public by means of seminars.

About Built-in Media Technological innovation Minimal (“IMTE”)

IMTE is an Australian firm engaged in the enterprise of manufacture and sale of nano coated plates for filters, the manufacture and sale of digital glass, Halal certification and distribution of Halal items, the functioning of an on the internet trade platform for investing in electronic assets and the provision of money investigation. For a lot more information and facts, remember to visit www.imtechltd.com.

About Globe Built-in Supply Ecosystem Sdn. Bhd. (“Sensible”)

Wise is a Malaysia enterprise engaged in the organization of offering Halal certification to competent corporations / operations, the institution of Halal products supply chain, and sale of Halal goods

Secure Harbor Concerning Ahead-Hunting Statements

This press launch contains forward-looking statements within just the this means of Part 27A of the Securities Act of 1933 and Portion 21E of the Securities Trade Act of 1934, which includes individuals concerning IMTE’s expectations, intentions, procedures, and beliefs pertaining to future activities or potential financial effectiveness. Genuine functions or results may possibly vary materially from all those in the forward-seeking statements because of various important variables, such as people explained in the Company’s most current filings with the SEC. IMTE assumes no obligation to update publicly any these ahead-hunting statements, regardless of whether because of new facts, long term situations or normally. For a additional entire description of the pitfalls that could cause our actual results to differ from our current anticipations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are obtainable on the SEC’s web-site and at http://www.imtechltd.com.

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