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Star8 Corp. Acquires Technology Integrator, Hyper 30 Data

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Miami, FL, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Star8 Corp. (OTCPK: STRH) is excited to announce the completion of its previously announced binding Letter of Intent (“LOI”) to acquire Hyper 30 Data. Hyper 30 Data it a national technology integrator specializing in wireless solutions, fiber optics OPS/ISP, and network equipment.

“Star8 is pleased to have closed on this deal and we are happy to officially welcome Hyper 30 Data to our family of companies,” said Mario Diez, Chief Executive Officer. “On behalf of the rest of the team at Star8, I want to express how very excited we are to have Hyper 30 Data onboard, and I know our company is better positioned for profitability thanks to this partnership.”

Under the terms of agreement, Mario Diez is stepping down and Michael Knox is announced as the new CEO effective immediately.

To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.Star8 is a technology holding company with a portfolio of subsidiaries ranging from eCommerce driven solutions to digital marketing platforms. For more information about Star8 Corp.’s please visit Star8Corp.com. To learn more about Hyper 30 Data, visit hyper30data.com.

About Star8 Corporation

Star8 Corporation (OTCPK: STRH) is a publicly traded company with expertise in technology and eCommerce driven solutions. Additionally, Star8 Corp. provides sustainable marketing, technology, sales and distribution consulting for clients. To learn more about star8 Corp. please visit Star8Corp.com.

For inquiries please contact: info@star8corp.com | 1-866-316-0808

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Star8 Corp.
1-866-316-0808

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This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations.  When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information.  The forward-looking statements and information in this press release includes information relating to the implementation of the Company’s business plan.  Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such factors include, among others, the following risks: risks associated with the implementation of the Company’s business plan and matters relating thereto, risks associated with the cannabis industry, competition, regulatory change, the need for additional financing, reliance on key personnel, the potential for conflicts of interest among certain officers or directors, and the volatility of the Company’s common share price and volume.  Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change.  Investors are cautioned against attributing undue certainty to forward-looking statements.

There are a number of important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information.  Such factors include, among others, risks related to the Company’s proposed business, such as failure of the business strategy and government regulation; risks related to the Company’s operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized.  It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. While the Company may elect to, it does not undertake to update this information at any particular time.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.  READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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