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LAS VEGAS, NV, December 3, 2020 (GLOBE NEWSWIRE) – via NewMediaWire – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global holding company for brand management, is pleased to announce that its new Proceso S19 Pod5ive ( the “Pod5”), which is capable of driving the computational mining power of cryptocurrency at the megawatt level, has been shipped and arrived at the Bit5ive LLC (“Bit5ive”) cryptocurrency mining project of 100 MW renewable energy with based in Pennsylvania, where it is now awaiting final approval prior to operational launch.
“We are now entering our distribution phase at the Pennsylvania office,” commented Alonzo Pierce, President and President of ISW Holdings. “Next is the Bit5ive testing and approval process as our Pod5 is a new design. This will soon lead to full installation and operations as a state-of-the-art crypto mining solution with industry-leading specifications. “
The Company formed a joint venture partnership with Bit5ive in May to build and deliver the world’s most stylish, powerful and efficient single data center pods. The result is the Proceso S19 Pod5ive Datacenter. Designed in partnership with Bit5ive and primarily geared towards the cryptocurrency mining industry, the Proceso S19 Pod5ive Datacenter offers next-generation dynamic self-management capabilities, plug-and-play operations, virtually non-existent maintenance needs, and an industry best-in – class 1.06 Score of effectiveness in using energy.
Management notes that the Company’s vision for trade returns across its cryptocurrency segment involves a four-step process. The first phase involved integrating leading design solutions and building a supply chain to introduce industry-leading parts and equipment. The second phase involved assembling and shipping his initial unit.
The third phase is now underway and aims to generate revenue from participating in the Bit5ive Pennsylvania project while simultaneously building a track record for the Proceso S19 Pod5ive datacenter as a best-in-class global solution for mining facilities around the world. This will include the installation and operational launch of tangible mining operations. Phase four will involve bringing the Pod5 solution to market as a cryptocurrency mining equipment product, supported by the support of the company’s Bit5ive partnership and track record joining after the launch of mining operations in the short term.
About Bit5ive
Bit5ive is a leader in cryptocurrency mining data centers with several projects currently under development in the United States. Bit5ive’s success lies in its commitment to its customers, from a variety of industries and professions. Bit5ive’s headquarters are based in Miami, Florida, from which it operates as a management hub for its data center, sales and customer service.
For more information visit www.Bit5ive.com
Information on ISW Holdings
ISW Holdings, Inc. (ISWH), headquartered in Nevada, is a diversified portfolio company comprised of essential lines of business that meet consumer product demands. Our expertise lies in strategic brand development, facilitating initial growth and brand identity through our proprietary sourcing process. Together, with our partners, we seek to provide a structure that meets the large demands for scalability as well as the anticipated market needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It guides its proprietary companies through the critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting firm, Bengala Technologies LLC, which is developing significant improvements in the supply chain management space; and the partnership has a vitally important patent pending.
Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, forward-looking statements can be identified by terminology that includes “could”, “could”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate” “,” predict “,” potential “and the negative of these terms or other comparable terminology. Although these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always, sometimes materially, vary from estimates, forecasts, projections, assumptions or others. future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports submitted to OTC Markets (www.otcmarkets.com) from time to time.
For more information visit www.iswholdings.com
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