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Boatim Announces New Head of Business Development US Markets

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MIAMI, March 9, 2021 /PRNewswire/ 

Boatim Inc. (OTCQB: BTIM), a data-driven, digital marketplace for buying and selling boats and yachts anywhere in the world, today announces the appointment of Max Treichel as new Head of Business Development US Markets.

Mr. Treichel will lead the Company's efforts to increase its footprint with local US markets. Starting with Florida, he is responsible for connecting directly with Boatim's target customers and local dealers and boating communities. He will further oversee execution of Boatim's business development on Financing & Insurance services with the respective US partners.

Mr. Treichel is a seasoned execution specialist with an impressive track record of fast and solid delivery in his field. His strengths are in building and scaling e-commerce sales strategies, creating key-account relationships with strategic partners and value creation when commercializing digital systems and online service products. He has worked with companies like Bearing Point and GLS Logistics.

"With his years of hands-on market experience both in the US and Europe, Max is the perfect fit for this important senior position at a point where Boatim deploys substantial resources to spur growth directly with our target communities and wants to intensify the customer experience locally," comments Wolfgang Tippner, Boatim Inc.'s CEO.

About Boatim Inc.

Boatim Inc. (OTCQB: BTIM) is a globally operating online marketplace and special interest social network for both the boating industry and boat users.

Boatim Inc. was founded in 2018 and currently operates with offices in Miami (USA) and Barcelona (Spain). The technology start-up provides industry-specific software, aimed at facilitating the process of buying and selling boats and providing digital maritime services online.

On BOATIM.com the boating industry can sell and promote products and connect with a fast-growing potential customer base, while boat users can explore and buy boats, and connect with like-minded people and brands. The platform, that can be accessed through both mobile devices and desktops, generates revenues through listing placements and subscription plans, as well as on-platform ads. Thanks to the great business model scalability, more revenue streams will be added soon.

Since August 2019 the privately funded start-up has become a publicly listed entity, trading at the OTCQB Venture Market under the trading symbol BTIM.

To learn more about Boatim, visit https://investor.boatim.com

Forward Looking Statements

This press release contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: our ability to retain or increase users and engagement levels; our reliance on advertising revenue; our dependency on mobile operating systems, networks, and standards that we do not control; risks associated with new product development and their introduction as well as other new business initiatives; our emphasis on user growth and engagement and the user experience over short-term financial results; competition; litigation; privacy and regulatory concerns; risks associated with acquisitions; security breaches; and our ability to manage growth and geographically-dispersed operations. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our Annual Report on Form 10-K filed with the SEC on Dec 2, 2020, which is available via the SEC website at www.sec.gov. Additional information has also been set forth in our Annual Report on Form 10-K for the year ended Aug 31, 2020. In addition, please note that the date of this press release is March 09, 2021, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

Boatim® and Smart Connected Inventory are registered trademarks of Boatim, Inc. All product names, trademarks and registered trademarks are property of their respective owners.

© 2021 Boatim, Inc., All Rights Reserved.

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