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Asia Broadband Adds Cryptocurrency and Blockchain Experts

LAS VEGAS, Aug. 02, 2022 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has hired a cryptocurrency, blockchain and cybersecurity expert to improve the architecture, functionality and governance of the AABB exchange and achieve operational milestones​ to speed up. The extensive experience in project management specific to blockchain platforms and networks that will now be added to the company’s digital asset development group is expected to significantly enhance Exchange operations. Several analysis and assessment reports have already been completed to help plan and execute Exchange efficiencies and progress.

“We are excited about the progress our Exchange group has already made with the additional expertise and leadership now in place. Our exchange operations are rapidly advancing to achieve our core goals of a robust, efficient and user-centric exchange with best-in-class security for our users and token holders,” affirmed Chris Torres, President and CEO of AABB.

In conjunction with the stock market developments, the company recently launched a preliminary promotional campaign for the gold-backed AABBG token and AABB exchange at Los Angeles Airport (LAX). The company plans to expand this marketing and advertising program as the Exchange improvements roll out.

Through the AABBG token and AABB exchange, the company represents a pioneering philosophy with its truly unique vertical integration approach from mine to token, aiming for complete independence from FIAT currency.

About Asia Broadband

Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals primarily in the Asian markets. The Company leverages its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to customers’ distribution networks in Asia. This vertical integration approach to sales transactions is AABB’s unique strength, which differentiates the company and creates distinctive value for shareholders. Additionally, the company added a digital assets business segment and released its freshly minted mine-to-token cryptocurrency AABBG within its AABB Wallet and a proprietary digital exchange AABBExchange. AABB expects its token to become a global exchange standard that is stable, secured, and trusted, with gold backing, while offering the added benefit of demand-based pricing. These are unique and outstanding properties compared to other cryptocurrencies.

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Asia Broadband Inc.’s (the “Company”) anticipated current views about the Company’s business, which are subject to uncertainties and changes. The Company’s operations and results may differ materially from what is expressed or implied by the statements made above as industry, regulatory, market and competitive circumstances change. For more information on these risks, see the Company’s annual and quarterly disclosures on the OTC Markets website. The Company undertakes no obligation to update or revise any of its forward-looking statements as future circumstances, events and information may change.

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