INTEGRATED MEDIA TECHNOLOGY LIMITED ANNOUNCES COOPERATION AGREEMENT TO CREATE DIGITAL ASSETS FOR ART COLLECTIONS

SYDNEY and NEW YORK, June 6, 2022 /PRNewswire/ — Integrated Media Engineering Limited (NASDAQ: IMTE) (“IMTE” or the “Organization”), announces today that the Firm’s subsidiary Ace Corporation Confined (“Ace”) has entered into a cooperation agreement with Hainan Pansuo Art and Society Advancement Co., Ltd. (“Pansuo”), to set up a strategic partnership to give just one-quit blockchain traceability, automated NFT generation, electronic settlement and relevant improvement and technical assistance.

IMTE’s online buying and selling platform named Ouction and its development team will do the job with Pansuo to create digital belongings for the artwork collections associated with the Chinese civilization, such as some Non-Fungible Tokens (“NFT”) to be offered on the Ouction on the web investing platform or on-line auction system. Mr. Xiaodong Zhang, IMTE’s CEO stated, “this cooperation with Pansuo will permit Ouction to create digital belongings for numerous art collections to even further expand the Ouction platform to artwork collectors globally.”   

About Integrated Media Technologies Minimal (“IMTE”)

IMTE is an Australian business engaged in the business of manufacture and sale of nano coated plates for filters, the manufacture and sale of digital glass, Halal certification and distribution of Halal items, the running of an on the internet trade platform for trading in electronic belongings and the provision of financial study. For more facts, be sure to check out www.imtechltd.com.

About Ouction Trading System

Ouction is an on line trading platform in electronic assets. The Ouction platform is an interactive going through solution designed with dynamic graphic cryptographic verification engineering which will serve as a bridge for O2O (On the net to Offline) transaction. This will empower the “Ouction” platform to not only verify digital (digital) asset transactions, but also offer encryption and Blockchain notarized digital certificates of actual physical assets for a fairer and additional credible platform trading knowledge to e-commerce corporations and their end users. You should take a look at the Ouction internet site at www.ouction.io.

Protected Harbor With regards to Ahead-Searching Statements

This push launch incorporates ahead-looking statements in the which means of Area 27A of the Securities Act of 1933 and Segment 21E of the Securities Exchange Act of 1934, such as individuals pertaining to IMTE’s anticipations, intentions, techniques, and beliefs pertaining to future gatherings or upcoming money efficiency. Genuine functions or benefits could vary materially from those in the forward-hunting statements since of various essential things, which include individuals described in the Firm’s most current filings with the SEC. IMTE assumes no obligation to update publicly any this sort of ahead-hunting statements, regardless of whether due to the fact of new details, long term occasions or otherwise. For a additional entire description of the challenges that could cause our actual results to differ from our current anticipations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are available on the SEC’s website and at 

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