ZoomAway Announces Formation Of New Nevada Subsidiary

By | Press Releases

VANCOUVER, BC – January 18 th, 2018 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomawaytravel.com announced today the formation of Active Smart Contract Inc., a Nevada Corporation, wholly owned by Zoomaway Travel Inc.

The new company will be a payment processing platform offering a simple set of common APIs that will enable merchants to bill customers by credit card, ACH or cryptocurrency. Once implemented, the modular, plugin-in design will enable merchants to easily integrate new gateways and cryptocurrencies without additional work or rebuilding their applications.

The Company is building this to work in conjunction with its existing business and has seen the opportunity to create additional sources of revenue by making this product available to other businesses looking to capitalize on alternative payment methods. This new effort is borne out of the Company’s core competencies and previously announced blockchain strategies.

Tim Berfield, CTO of ZoomAway Inc. will head this new endeavor, serving as President. Mr. Berfield possesses an extensive background in merchant processing and has created payment gateway systems responsible for hundreds of millions of dollars in transactions.

“While enabling our own e-commerce sites to accept cryptocurrencies, we were able to identify a real need for merchants that haven’t been adequately addressed. The crypto space lacks accountability, customer service, and clarity. We want to make accepting crypto as seamless as possible for our clients and allow them to see all of their transactions in one place.” Said Tim Berfield, CTO of ZoomAway, Inc.

“As we are adding to our Zoomaway infrastructure, we are continuing to identify new potential revenue streams. All the companies that we are forming will operate from the same central toolset. Each of our new entities provides integral pieces to the whole and hopefully will become their own profit centers.” Stated Sean Schaeffer, CEO of Zoomaway Travel Inc.


Or for additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 or sean@zoomaway.com.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real-time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

Travel Game Blockchain Inc. (Canadian Co.) is a new ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games and blockchain formats.

Active Smart Contract Inc. (Nevada Co.) is currently in development with plans to license its technology to merchants enabling them to accept both credit card and cryptocurrency payments on a single platform. www.activesmartcontract.com

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.