Verisante Technology Inc. announce it has entered into a Definitive Agreement with Myanmar based SIM Co. Ltd. dated June 30, 2018, whereby VRS shall acquire all the issued and outstanding common shares of SIM Co. Ltd. SIM is controlled by U Aung Kyaw (Aaron Aung), who shall become the Company's President and CEO upon completion of the Acquisition.

Aung Kyaw practiced engineering and management at several government linked Singapore/Japanese companies including Mitsubishi Heavy Industry and Sumitomo for over 10 years prior to founding SIM Co. Ltd. U Nay Lynn Oo as Director, Yangon, Myanmar. Nay is a director of SIM Co.

Ltd. Mr. Nay is also a major shareholder of Golden Tree Company Limited and EFR logistics and distribution center (Mandalay). Guangyu (John) Li as Director, Yangon, Myanmar. Li is the CEO of Mican Investment Service Co., Ltd, and is the Vice Secretary General of China Enterprises Chamber of Commerce in Myanmar.