Asia Broadband Gold-Backed Cryptocurrency Token Development Update

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LAS VEGAS, Feb. 23, 2021 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) is pleased to announce that cryptocurrency wallet and token developer Core State Holdings, Corp. (CSHC) is continuing to modify the set-up and move through the final stages of testing of the iOS and Android AABB Wallet applications, including the implementation of an application interface to allow users to see the real-time exchange rate of gold that backs the price of the AABB Gold token set at one-tenth of a gram or approximately $5.80 USD. Due to the overwhelming public response and high volume of inquiries about the token received recently by AABB, CSHC has scaled-up the processing capacity and expanded the testing protocols to ensure seamless and robust transaction processing when the token becomes available for sale. Also, the vigorous demand for the token has led the Company and CSHC to setup a support system to administrate and facilitate communications. Subsequently, the added development time required to be fully equipped to allow the token to be available for sale has extended the go live launch date of AABB Gold (AABBG) into March and the Company will announce further details on the token release as they become available.