ADAMA TECHNOLOGIES CORP ANNOUNCES NEW CORPORATE DIRECTION, APPOINTS NEW EXECUTIVE DIRECTOR

“Mr. Rosenblum brings a wealth of experience in both management and development and has already made a powerful impact in developing our corporate outlook and strategic plan.”

ADAMA TECHNOLOGIES CORP ANNOUNCES NEW CORPORATE DIRECTION, APPOINTS NEW EXECUTIVE DIRECTOR

Las Vegas, NV, 2017-Jan-24 — /EPR Network/ — Adama Technologies Corp. (OTCPINK: ADAC) held its executive board meeting this past week and has announced the appointment of a new executive director, Mr. Keith Rosenblum.  Mr. Rosenblum who has an extensive real estate and development background has been serving as an interim director and has led the company’s recent restructuring process and has been working tirelessly to develop the corporate direction and transitioning Adama Technologies into a revenue generating technology company.  Mr. Rosenblum is the founder of Alliant Commerical Reality services of Franklin, TN and was formerly president of Crye-Leike Commerical in Nashville, TN where he was in charge of brokerage and development of seventeen different properties valued in excess of $45 million.   Mr. Rosenblum has been working with the existing leadership of Adama to outline the corporate direction and strategic plan to lead Adama into a path of profitability and begin achieving the company’s long standing revenue targets.  “This is a tremendously exciting time at Adama,” commented Eric Sills, the company’s CEO, “Mr. Rosenblum brings a wealth of experience in both management and development and has already made a powerful impact in developing our corporate outlook and strategic plan.”

In addition to the appointment of Mr. Rosenblum, the company also made public their corporate strategic plan which has been published on the company’s new corporate website: www.AdamaTechnologies.com.  Mr. Rosenblum explained the process on an investor conference call stating, “For the past several years Adama has been pursuing investments in a variety of different technology products and concepts, however, Adama was not taking any structural or management control which left the company very limited in affecting the outcome of these investments.  Our new emphasis is ownership.  We still intend to invest and develop new products within the technology sector, but we will do so as a principal in the transaction and allow our highly skilled team to impact the process and the outcome.”

This announcement comes after Adama filed a recent 8K disclosing its acquisition of Alpine Industries located in Richmond, Utah.  Mr. Rosenblum commented on that acquisition, “We will be providing our shareholders with some additional updates regarding that transaction in the coming weeks.  That deal and the entire structure is really the result of our focus on ownership and management and this deal will put revenue on the books of Adama during this quarter.”

“We have worked so hard to transition Adama from a development company to an actual owner, operator within the tech sector,” stated Mr. Sills, “Mr. Rosenblum along with the entire board has put together the vision and strategic plan to accomplish this.  I have been watching this process come together for a while and this is by far the most exciting moment in Adama’s history.  This company is going to do big things in the next twelve months.”

Contact Information:

Address:

1000 N. Green Valley

Suite 380

Henderson, NV  89074

Phone:

Website: www.AdamaTechnologies.com

 

Disclaimer
This release contains forward-looking statements that are based on beliefs of Adama Technologies Corp. management and reflect Adama Technologies Corp.’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect,” “plan,” “predict,” “may,” “should,” “will,” “can,” the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Adama Technologies Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Adama Technologies Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company’s filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance Adama Technologies Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company’s due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively.

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