CYPRESS, TX , United States, via ETELIGIS INC., 10/22/2014 – – Costas Inc. (OTC Pink: CSSI) (PINKSHEETS: CSSI) is pleased to announce their entering into a formal Letter of Intent to purchase 33% of Toronto-based Incryptex Ltd. www.incryptex.com
Incryptex Ltd. is a digital currency processing platform. Incryptex will allow its global member base to participate in the processing, remittance, and exchange of digital currencies like Bitcoin. The use of proprietary systems exclusive to Incryptex provides Forex, Mining, and Payment Processing Solutions for these products.
Incryptex’s proprietary global banking partnerships, risk mitigation strategies, security, and compliance have positioned Incryptex to become a competitive player and service provider in the digital currency space in the US market as well as 132 countries worldwide.
The Costas Inc. will be using their years of experience in trade on ICE, in conjunction with Incryptex’ proprietary platform. This relationship will provide liquidity, transparency, and security to users worldwide on a user-friendly interface. The technology behind this new platform will open up trade products to users, facilitating their navigation, investment and transactions of crypto currencies globally.
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SOURCE: Costas, Inc.