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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced that they have signed a memorandum of understanding (MOU) with New York-based Sifr, Inc. d/b/a Hopskoch (“Hopskoch”), a private company. The agreement calls for both parties to establish a joint venture for the operation of joint product development, introduction of business, new business development and marketing, and future sales activities. This is just one of the opportunities the Company has identified since they began to receive Letters of Intent from possible strategic alliance candidates which include, other possible joint ventures, strategic partnerships and/or alliances, mergers and acquisitions and other possible transactions.

Hopskoch’s primary product is a Software-as-a-Service (SaaS) marketing platform for marketing professionals and their clients to collaboratively author, distribute, and measure the effectiveness of interactive marketing across multiple channels. The platform offers tools to gamify customer interaction, using game mechanics in a non-game context to engage users for marketing purposes. The platform also facilitates transmedia storytelling, a customer engagement technique involving the creation of an interactive experience across multiple platforms and formats using current digital technologies.

“We are very excited about the opportunity to partner with COREwafer. We expect that this relationship will help us to extend our leadership, expand our current offerings and launch some strategic initiatives that have been under development,” said Marty Monaco, Founder and COO.

“This joint venture with Hopskoch is a major milestone toward our goal of establishing a strong financial position, and delivering long-term value for customers and shareholders,” said Cyril Moreau, President and CEO of the Company.

About COREwafer Industries

COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit our new website at www.corewaferindustries.com.

CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.

Safe Harbor

This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of COREwafer Industries, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

CONTACT: COREwafer Industries, Inc. Teresa McWilliams, Chief Financial Officer 866-793-1110

t.mcwilliams@corewaferindustries.com

 

COREwafer Industries, Inc.Teresa McWilliams, 866-793-1110Chief Financial Officert.mcwilliams@corewaferindustries.com