Metrospaces Announces the Incorporation of Daniel Silva as CEO of the Company Effective Immediately

MIAMI, FL, United States, via ETELIGIS INC., 12/11/2014 – – Metrospaces, Inc. (OTC Pink: MSPC) (PINKSHEETS: MSPC), announces the incorporation of Daniel Silva as CEO of the company starting today.

Mr. Brito stated, “Mr. Silva is a world-class hotel and residential entrepreneur, developer and financier. It’s not just a privilege, but a true statement to our business plan and execution. Mr. Silva currently serves as President and CEO of Prohotels Argentina and is a Director of Prohotels (www.prohotels.com). Prohotels operates and manages 23 properties in the Americas and Spain including 7 in Argentina directly run by Mr. Silva. Additionally, Mr. Silva was a founder and developer of Ikal del Mar Playa del Carmen. Ikal del Mar is a 28-room exclusive front beach hotel in Playa del Carmen. This property was sold to Viceroy Hotels and Resorts (http://www.viceroyhotelsandresorts.com/en/rivieramaya) for $30 million, setting a record in Mexico for the most expensive hotel sold on a per room basis. Today Viceroy Riviera Maya is one of the most exclusive, expensive hotels in the Mayan Riviera. He is still part owner and developer of Hotel Esencia in Playa del Carmen (http://hotelesencia.com/). We are certain Mr. Silva will bring that same passion and level of execution to our company, as he has done in the past. He is certainly one of the most capable guys to take our company to the next level. We feel that this is a true accomplishment for the company. Since inception, we always had in mind bringing in a world-class partner and CEO to take our company to the next level and we certainly feel like we have executed above expectation in that sense. Mr. Silva’s compensation will be basically long-term equity in the company, so his interests are perfectly aligned with the Company’s shareholders. He will be a key part in bringing world-class deal flow and financing sources around the Americas. We certainly expect great things from him now and in the near future. We have been working with Mr. Silva for a few months in reaching an agreement. In the meantime, he has already proven his worth by bringing us the Yunga Estates project, with seller’s financing. It was his solid reputation for execution and delivering that gave the owner the confidence to enter into such an agreement. We are very excited about Mr. Silva’s incorporation.”

Additionally, Mr. Silva is also a shareholder and President of Ikal Lodge and Boutique (http://ikal1150.com/) a 75-hectare boutique hotel, vineyard and winery real estate project. His immediately responsibilities will not just include the development of the company’s 2 projects but also immediately bring in new projects as well as funding sources.

For a link to our 3 hotel projects currently underway:

https://db.tt/YYK50THw

https://db.tt/pE9Bsfnr

https://db.tt/iYlW1sLx

About Metrospaces

Metrospaces www.metrospaces.net is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company’s current projects are located in Buenos Aires, Argentina, and Caracas, Venezuela.

Six years ago Metrospaces shareholders saw a unique opportunity to participate in several exciting property markets around the world. Through their world-wide network of highly recognized real estate entrepreneurs, the company was able to capitalize on unique real estate development opportunities. Since Inception the company has leveraged those relationships along with extensive financial expertise and transformed excellence by results.

Metrospaces is a boutique real estate development company, a product of the alliance of Metrospace shareholders, along with an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America’s and across Europe valued in excess of US $350Million.

Metrospaces’ majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.

Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.

Metrospaces was originally founded by company President Oscar Brito.

Relevant Links:

http://metrospaces.net/

Safe Harbor Statement:

Statements in this news release may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Metrospaces Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

CONTACT:

Metrospaces, Inc.

Tel: 305-600-0407

Investor Relations:

investors

SOURCE: Metrospaces, Inc.

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