NuMelo Technologies, Inc. Breaking News - June 28, 2017
Subsidiary of: CIAO Group, Inc. (OTC: CIAU)

Ciao Group Announces $530 Billion Blockchain and Cryptocurrency Target Market Collaboration With Hub Culture

Dallas, TX – June 28, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced plans to enter a collaboration agreement with Hub Culture to pilot a secure digital financial products marketplace constructed on a blockchain backbone and linked to a digital asset service engine managed by Hub Culture. Ciao Group recently revealed its Blockchain Frontier Markets Project, which has been under development over the past year with a specific initial target of bringing increased liquidity to USD$530 billion in African publicly traded company market capitalization. Hub Culture is a collaboration platform founded in 2002 to facilitate the needs of an increasingly global citizenship serviced by Hub Culture’s sophisticated, digitally backed “Pavilions.” Today, Hub Culture is a leader in the formation of ‘ecosystem technologies’ a set of linked and interdependent services including flagship Pavilions, 2048 fast retail, the Ven digital currency, HubID digital identity system, the Zeke.ai machine intelligence project, and the Open Audit Initiative, a blockchain audit service. Hub Culture’s HubID technology was built with inspiration from ID3’s Open Mustard Seed Framework and adheres to the 2014 Windhover Principles around individual data ownership online. Ciao Group was notably interested in working with Hub Culture based on Hub Culture’s digital currency experience. Hub Culture introduced its digital currency, “Ven,” in 2007, and has long been a leader in application uses for digital currency worldwide. Over 500 million Ven have circulated since debut with an economy of over $100 Million in related inventory, including Hub Culture Syndicates, bridge placement vehicles linked to over a dozen major digital assets and cryptocurrencies. Ven is the world’s most stable currency, with primary value tied to a diversified basket of underlying assets including fiat currencies, commodities and carbon. It trades at floating exchange rates.

These and other emerging technologies are currently being utilized at the Hub Culture Innovation Campus and Beach Club, operating in Bermuda this summer as a showcase for fintech innovation.

Ciao Group’s Refreshed Business Plan And Name Change To NuMelo Technology

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

Learn more about Ciao Group / NuMelo Technology on the Company’s website and check back frequently to keep up with the Company’s progress to include two acquisitions anticipated soon. Look for regular updates to the collaboration agreement announced today on the websites of both Ciao Group / NuMelo Technology and Hub Culture.

www.numelotechnology.com
www.otcciau.com
https://hubculture.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
1-866-294-9306

Source:  Ciao Group, Inc.

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Recent Company News:

Ciao Group Announces Blockchain Frontier Markets Project With Initial $530 Billion Target

Dallas, TX – June 15, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced the Blockchain Frontier Markets Project. The Company recently announced the launch of its Cryptographic Enterprise Division lead by Henryk Dabrowski coming to Ciao from Alternet Systems, Inc. (USOTC: ALYI) where he led the development and subsequent sale of Utiba Americas, a mobile financial remittance solution. Mr. Dabrowski has been working with Aubrey Brown, CEO of Ciao, over the last year on the Blockchain Frontier Markets Project.

Blockchain Frontier Markets Project Mission

"Frontier economies around the world lack access to most of the financial products routinely available to consumers, businesses and governments within developed economic regions," explained Aubrey Brown, CEO of Ciao Group. "Mortgage loans, credit cards, business insurance, working capital loans and government bonds are some of the basic financial tools for building any economy. But such financial products are found to be in short supply when it comes to Frontier economies. The objective of our Blockchain Frontier Markets Project is to build a transaction platform with a distributed ledger populated with permanent and secured records for every transaction. An evaluation of commercially available Blockchain technologies is well underway. With a standardized and trusted transaction platform, Frontier markets around the world can have access to the existing financial products already available within Developed economies."

Frontier Market Cryptocurrency - A Bitcoin Paradigm For Frontier Financial Markets

To empower the market opportunity for existing financial products from Developed economic regions to be made available to consumers, businesses and governments within Frontier economic regions, Ciao's Blockchain Frontier Markets Project will include the introduction of a Frontier Market Cryptocurrency (FMC). Ciao will develop the opportunity for FMC to be accepted as a currency for financial products from Developed economic regions that are deployed within Frontier regions.

$530 Billion Initial Target, IBM, Hyperledger and The DTCC

Access to investment capital is the basic building block of any economy. Improving the technological feasibility of Frontier market public exchanges to support increased liquidity could dramatically improve access to investment capital.The African continent has $530 billion in public market capitalization across multiple national exchanges separate from the nearly $1 trillion in public market capitalization within South Africa alone.IBM (NYSE: IBM) announced a Blockchain project earlier this year with the Depository Trust and Clearing Corporation (DTCC) based on the Linux hosted Hyperledger Open Source Technology. Ciao Group management team has spent considerable time on the African continent over the past year developing the opportunity to connect the $530 billion in public market capitalization seamlessly with trading platforms in the United States as an extension of the DTCC's move toward Blockchain enable clearing. African public stocks from multiple African countries traded in a single Cryptocurrency on US trading platforms cleared through DTCC accepted Blockchain transactions could monumentally increase the liquidity of investments in African public companies, and give the average individual US investor new access to the extraordinary growth opportunities only found within Frontier markets.

Ciao Group's Refreshed Business Plan And Name Change To NuMelo Technology

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

Learn more about Ciao Group / NuMelo Technology on the Company's website and check back frequently to keep up with the Company's progress to include two acquisitions anticipated soon.

http://www.numelotechnology.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world's emerging and frontier markets. NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
1-866-294-9306
SOURCE Ciao Group, Inc.

Ciao Group Names Henryk Dabrowski from Alternet Systems to Lead Cryptocurrency Initiative to Include Bitcoin and Blockchain Solutions

Dallas, TX – June 6, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced bringing Henryk Dabrowksi on board to lead the Company's new Cryptographic Enterprises Division. Mr. Dabrowksi comes to CIAU after leading Alternet Systems, Inc. (USOTC: ALYI) in the development and eventual cash sale of ALYI's subsidiary mobile financial transaction software company, Utiba Americas. Utiba remains today as one of the leading mobile financial remittance systems in the world. Mr. Dabrowksi will now lead CIAU's development of Blockchain and Bitcoin solutions in addition to pursuing other cryptocurrency and cryptographic technology enterprise solutions for CIAU. CIAU's new, recently announced, Cryptography Division is headquartered in the heart of Silicon Valley in San Jose.

Mr. Dabrowksi Comes To CIAU As ALYI Enters Into Deals With USMJ and LEXG

Mr. Dabrowksi becomes available to CIAU as his Company, ALYI begins a business focus transition. ALYI recently announced an update to a planned transaction with North American Cannabis Holdings, Inc. (OTC PINK: USMJ). USMJ and ALYI have reached an agreement for USMJ to acquire an ALYI retail industry Point of Sale (POS) technology. USMJ will conduct pilot market testing of the technology specifically as a Cannabis POS system with plans to prepare the technology for a future spinoff and independent listing as a Cannabis POS system solution provider. In the meantime, ALYI has entered into an agreement to go acquire a private Lithium Intellectual Property Company that has entered into a strategic agreement with Lithium Exploration Group, Inc. (USOTC:LEXG), among other strategic developments.

Ciao Group's Refreshed Business Plan And Name Change To NuMelo Technology

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

Learn more about Ciao Group / NuMelo Technology on the Company's website and check back frequently to keep up with the Company's progress to include the two acquisitions anticipated in the near future.

http://www.numelotechnology.com
http://www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world's emerging and frontier markets. NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
1-866-294-9306
SOURCE Ciao Group, Inc.

Ciao Group Announces New Cryptography Division to Develop Blockchain and Bitcoin Solutions in Addition to Other Emerging Cryptocurrency and Cryptographic Enterprises

Dallas, TX – June 1, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced launching a new Cryptography Division to develop Blockchain and Bitcoin solutions for frontier and emerging economic markets. The new division will also pursue cryptocurrency and other cryptographic technology enterprise solutions separate from Blockchian and Bitcoin. Look for an impending announcement on the leadership coming on board to lead Ciao's new Cryptography Division headquartered in the heart of Silicon Valley in San Jose.

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

Learn more about Ciao Group / NuMelo Technology on the Company's website and check back frequently to keep up with the Company's progress to include the two acquisitions anticipated in the near future.

http://www.numelotechnology.com
http://www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world's emerging and frontier markets. NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
+1-866-294-9306
SOURCE Ciao Group, Inc.

Ciao Group Accelerates Plans to Acquire Telecom OSS Operation With Over $1 Million in Revenue for Chance to Rapidly Win Another $1 Million in Revenue

Dallas, TX – May 9, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced plans to accelerate the pending acquisition of telecommunications operational support system (OSS) company with an average annual revenue of $1.2 million. The Company announced the planned acquisition on April 20th. Ciao expects to finalize the acquisition by June 1st, 2017.

"The reason for accelerating the planned closing is because we have immediate opportunities to add additional customers," said Aubrey Brown, CEO of Ciao Group. "We have been traveling of late to frontier and emerging markets in South American, Africa and Southeast Asia. We have immediate opportunities to implement the target OSS solution with multiple mobile virtual network operators. We believe a timely acquisition of the target OSS solution could enable us to rapidly win new sales amounting to $1 million in annual revenue."

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

Learn more about Ciao Group / NuMelo Technology on the Company's website and check back frequently to keep up with the Company's progress to include the two acquisitions anticipated in the near future.

http://www.numelotechnology.com
http://www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world's emerging and frontier markets. NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
+1-866-294-9306
SOURCE Ciao Group, Inc.
 

CIAO Group Expects to Add Over $1 Million in Annualized Revenue Within 60 Days

Dallas, TX – April 20, 2017 – Ciao Group, Inc. (OTC: CIAU) today announced plans to acquire a telecommunications operational support system (OSS) company with a 10-year operating history providing network management and billing services to emerging market carriers. The average annual revenue of the OSS company is $1.2 million. Management anticipates closing the acquisition within the next 60 days.

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

As one component of its frontier and emerging economic market focus, the Company has zeroed in on the locally source mobile vertical network operator (MVNO) market. The Company is in negotiations with MVNO companies in Africa, South America and Asia. As part of a strategic effort to efficiently develop the frontier and emerging MVNO market, the Company plans to acquire technology solutions that will empower MVNO companies. The target OSS company acquisition announced today is an example of the type of MVNO supporting technology solutions Ciao plans to acquire. The Company has recently announced a similar target acquisition.

Management anticipates the approximate $1.2 million in average annual revenue that comes with the target acquisition announced today will rapidly ramp up exponentially as more frontier and emerging market MVNO's are signed in conjunction with Ciao's aggressive marketing campaign.

Learn more about Ciao Group / NuMelo Technology on the Company's website and check back frequently to keep up with the Company's progress to include the two acquisitions anticipated in the near future.

http://www.numelotechnology.com
http://www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world's emerging and frontier markets. NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:
Info@otcciau.com
+1-866-294-9306
SOURCE Ciao Group, Inc.

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About NuMelo Technologies, Inc. (Subsidiary of: CIAO Group, Inc. (OTC: CIAU):

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world’s emerging and frontier markets.

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world’s emerging and frontier markets.

A feature article in Forbe’s recently reported:

“With greater efficiency and transparency and the rising availability of passively managed, index tracking products such as ETFs, it is increasingly difficult for hedge funds to deliver unique value to investors.”

“In response, hedge fund managers are looking for unique ways to provide value and differentiate themselves. One specific niche strategy is to seek alpha returns in frontier markets.”

The World Bank reports:

“The so-called Fourth Industrial Revolution is a digital revolution that requires universal and reliable internet access – without it many developing countries will not be able to fully participate in an increasingly mobile and digital-based economy.”

“At the same time, access to internet through mobile or fixed broadband remains prohibitively expensive in many countries where lack of ICT infrastructure and regulatory bottlenecks still hamper broadband development. Of a global population of 7.4 billion people, more than 4 billion people still don’t have access to the internet, with 90 percent of them in developing countries. And only 1.1 billion have access to high-speed internet.”

NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.

“The world has changed tremendously in recent years, paving the way for new partnerships in development and a new role for the private sector,” said UNDP Assistant Administrator Sigrid Kaag.

UNDP Assistant Administrator Sigrid Kaag’s comments come from an United Nations Development Program release, ‘Private Sector Must Invest In Developing Countries.’

UNDP Assistant Administrator Sigrid Kaag continued, “Without private-sector investment in developing countries, there will be no meaningful growth. We need the private sector to share its expertise, give us access to knowledge, innovations, and tested business models, and share them with developing economies.”

The traditional emerging markets include Brazil, Russia, India, China and Turkey. According to the Wall Street Journal, frontier markets already of interest to Hedge Funds include countries like Bulgaria, Nigeria, Bahrain, Pakistan and Vietnam.

A recent Moringstar report titled ‘Frontier Markets Begin to Emerge,’ notes one of the strongest lures of frontier markets for investors is the potential for greater growth than more-developed economies. ‘Frontier-markets economies are growing faster than emerging-markets ones.’

The landscape for private sector investment in emerging and frontier markets has been prepared by the global NGO community. NuMelo Technology management brings decades of experience developing business operations within developing economic regions putting the Company well ahead of any competition.

Harvard Business School professor Clayton M. Christensen is credited with the first use of the term ‘disruptive technology’ to describe emerging technology that unexpectedly displaces an established one.

Mobile Internet tops McKinsey&Company’s list of the top twelve disruptive technologies to transform life, business and the global economy.

The article ‘Emerging Market Disruptive Innovations’ by Constantinos C. Markides, provides an excellent example from a historic perspective of the disruptive technology opportunity within emerging markets. Constantinos C. Markidesa Robert P. Bauman Professor of Strategic Leadership at London Business School, BA and MA in Economics from Boston University, MBA and DBA from the Harvard Business School.

“Disruptive innovation has been credited as the strategy that led to Japan’s dramatic economic development after World War II. Japanese companies such as Nippon Steel, Toyota, Sony and Canon started out by offering inexpensive products that were initially inferior in quality to those of their Western competitors. This allowed the Japanese manufacturers to capture the low-end segment of the market. Over time they continuously improved the performance of their products and began to move upmarket, into segments that allowed them more profitability. Eventually, the Japanese companies captured most of these segments and in the process pushed their Western competitors to the very top of the market or completely out of it.”

NuMelo Technology is founded on an internalized understanding and appreciation of the opportunity for disruptive technologies within developing economic regions to leap frog beyond the incumbent technologies available within developed economic regions and become the next generation industry leaders.

The new CEO comes to NuMelo with recent experience managing over $30 million in annual sales from an innovative technology firm headquartered in Sao Paulo, Brazil.

Aubrey Brown has been actively acquiring, investing in and growing technology operations in South America for the past ten years. Under his guidance and mentorship, the Company already has an active pipeline of prospective acquisitions in Brazil.

Aubrey Brown comes to the CEO position with vast, senior level, experience managing innovative technology development and implementation in North and South America. Mr. Brown was the CEO of NewMarket Latin American with operations in Brazil, Chile, Colombia, Honduras and Venezuela. He previously founded Corsa Network Technologies, Inc., a systems integrator located in the San Francisco Bay Area. His senior level technology leadership experience includes serving as the Chief Operating Officer of Allied Telesyn, a manufacturer of networking products with $200M in annual revenue. Mr. Brown also served as VP of Sales and Marketing for NetVantage, Inc., VP of Sales with Centrum Communications, and Director of Sales with Synoptics Inc. Mr. Brown began his career as an engineer and has held engineering positions with RCA Corp., Burroughs Corp., Sun Microsystems and Modular Computer Systems.

SOURCE: http://www.numelotechnology.com/

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