CIAO Group Announces Letter Of Intent To Acquire Kenyan Mobile Virtual Network Operator Provisioning Software Company To Enter $73 Billion Market

Dallas, TX – April 4, 2019 – Ciao Group, Inc. (USOTC: CIAU) today announced executing a letter of intent to acquire a Mobile Virtual Network Operator (MVNO) Provisioning Software company in Kenya.  The MVNO market place is anticipated to grow to $73 Billion by 2020.  Ciao is conducting business development meetings in Nairobi, Kenya this week to include a scheduled presentation to United Nations Officials of the Company’s recently refreshed business plan to develop locally sourced telecommunications services within the world’s frontier and emerging markets. 

“MVNO’s play a vital role in delivering mobile network access to emerging and frontier markets,” explained Aubrey Brown, CEO of Ciao Group. “MVNO’s know the local market and how to connect with users.  When an MVNO makes a sale of a mobile service, instantaneous and efficient provisioning onto a third-party network providers network is vital.  With this acquisition, we will be a go to solution for not just Kenya, but all East Africa.”

The Company recently announced a pending name change to NuMelo Technology to reflect a refreshed business plan to introduce a first of its kind frontier and emerging market telecommunications solution provider.  The Company also recently announced interviewing PCAOB certified audit firms and recognized securities law firms in conjunction with the Company’s plans to uplift to NASDAQ

Learn more about Ciao Group / NuMelo Technology on the Company’s website and check back frequently to keep up with the Company’s progress to include the two acquisitions anticipated in the near future.

www.numelotechnology.com

www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world’s emerging and frontier markets.  NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.  

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact NuMelo Technology:

Info@otcciau.com

1-866-294-9306

CIAO Group Announces The Economist Sustainability Summit 2017 On Technology And The Race For Resources In Austin Texas

Dallas, TX – March 21, 2019 – Ciao Group, Inc. (USOTC: CIAU) today announced that the Company will participate in The Economist Sustainability Summit 2017.  The Summit theme is “Technology And The Race For Resources.”  The Summit will be held in Austin, Texas on June 7th, 2017. 

CIAO Group Plan To Pursue $1.5 Trillion Communications Market Sector

Ciao Group recently announced a business plan refresh and pending name change to NuMelo Technology in conjunction with the Company’s focus on socially responsible telecommunication technology innovations resident within the world’s frontier and emerging economies.  The Summits “technology” theme, particularly in regard to its scheduled “Connected Cities” session is anticipated to highlight Ciao/NuMelo’s capabilities to deliver efficient and valuable communication solutions that enhance the sustainable objectives of public and private sector stakeholders. 

Monsanto (NYSE: MON)is the leading sponsor of The Summit and speakers include Austin Mayor, Steve Adler, and former Assistant to President Barrack Obama and Director of The White House Office of Energy and Climate Change Policy, Carol Browner.  To learn more about The Economist Sustainability Summit – Technology And The Race For Resources, visit: http://www.economist.com/events-conferences/americas/sustainability

Learn more about NuMelo Technology on the Company’s website and check back frequently to keep up with the Company’s progress to include two acquisitions anticipated in the near future.

www.numelotechnology.com

www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world’s emerging and frontier markets.  NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.  

Contact NuMelo Technology:

Info@otcciau.com

1-866-294-9306

 

CIAO Group Announces Plan To Pursue $1.5 Trillion Communications Market Sector

Dallas, TX – March 16, 2019 – Ciao Group, Inc. (USOTC: CIAU) today announced a business plan refresh and planned corporate name change to NuMelo Technology.  Last year, Ciao Group underwent a change of control and management transition. The Company has brought all its financial reporting and disclosure requirements up to date in accordance with the OTC Markets’ Current Information Standard.  Silicon Valley technology veteran, Aubrey Brown is the new CEO.  Brown has won the interest of Silicon Valley investors in his emerging and frontier market telecommunications business plan and is in the process of relocating the Company headquarters to San Jose, California.

NuMelo Frontier & Emerging Market Niche In $1.5 Trillion Communications Sector

Even with all the opportunity for the internet to reach farther into the hard to reach corners of the world and to provide yet even more consumers with access to smart phones, technology growth in emerging and frontier markets has slowed.  Gartner explains that the rising expense of technology from the U.S. and other developed countries being sold into frontier and emerging markets is so high, that frontier and emerging markets are slowing down their purchases and exploring new options.  Brown plans for NuMelo Technology to give frontier and emerging markets some new telecommunication technology options.  The worldwide technology market is $3.5 trillion which includes $1.5 trillion in communications.

Learn more about NuMelo Technology on the Company’s website and check back frequently to keep up with the Company’s progress to include two anticipated acquisitions in the near future.

www.numelotechnology.com

www.otcciau.com

About NuMelo Technology, Inc:

NuMelo Technolgy is dedicated to discovering and developing innovative technology within the world’s emerging and frontier markets.  NuMelo brings the experience and resources to identify communication technology innovators within the worlds emerging and frontier markets and develop with them marketing and capitalization strategies to overcome the hurdles identified by the World Bank currently hindering the proliferation of emerging and frontier telecommunication services to achieve the corresponding alpha return potential.  

Contact NuMelo Technology:

Info@otcciau.com

1-866-294-9306

CIAO’s New CEO Is Tapping Into Unrealized Technology Sector ROI Opportunities Within Emerging and Frontier Markets With U.S. Universities As His Point Of Entry

Dallas, Texas – 10 May 2016 – Ciao Group, Inc. (CIAU), soon to finalize a corporate name change to Numelo Technology, Inc., today released a letter to shareholders from the Company’s new CEO. 

Aubrey Brown was appointed CEO and Chairman on February 29th.  He is reshaping the Company’s business plan and direction leveraging current assets and resources.  His letter today details the Company’s new plan to find emerging and frontier market founded technology firms with viable solutions to satisfy the local opportunity to expand the the reach and application of the internet and mobile phone network within their resident region. 

The economic growth of an emerging or frontier market country parallels the growth in the number of students that country sends to the U.S. and Europe.  Brown plans to tap into those emerging and frontier market students as they return to their home countries.

NuMelo is at the right place at the right time with the right strategy.  Frontier and emerging markets are rich with untapped talent.  Frontier and emerging markets are looking to replace the expensive technology resources coming from Western, multinational firms.  At the same time, global investment funds are exploring frontier and emerging market diversification to offset the lackluster performance of more traditional investments.

The CEO Letter To Shareholders is Available On The Company’s Website

About Ciao Group, Inc. (Pending Name Change To NuMelo Technologies, Inc.)

In conjunction with a recent change of control, Ciao Group is transitioning under new management to leverage its regional expertise and presence within the telecommunications market in Brazil to refocus on the acquisition and development of disruptive telecommunication technologies within Brazil at first and then throughout South America with further plans to expand globally into frontier and emerging markets everywhere.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

Contact:

info@numelotechnology.com

 

Ciao Group Announces Change of Control and Corporate Name Change

Dallas, Texas - February 29, 2016 - Ciao Group, Inc. (CIAU) today announced a change of control.  The company filed an SEC Form 8K disclosure statement to make the details of change of control publicly available:

SEC Form 8K February 29, 2016

Simultaneously with the appointment of Aubrey Brown as a Director and Chief Executive Officer of the Company and the resignation of Eugenio Santos as a director and officer of the Company, Eugenio Santos transferred his 10,000 shares of Preferred Stock held in the Company as described in our 8-K filing on January 15, 2016. Mr. Brown is now the sole officer and director of the Company. The Company will effect a name change as soon as practicable to NuMelo Technologies, Inc. and request NELO as the new ticker symbol.

Aubrey Brown comes to the CEO position with vast, senior level, experience managing innovative technology development and implementation in North an South America.  Mr. Brown was the CEO of NewMarket Latin American with operations in Brazil, Chile, Colombia, Honduras and Venezuela. He previously founded Corsa Network Technologies, Inc., a systems integrator located in the San Francisco Bay Area.  His senior level technology leadership experience includes serving as the Chief Operating Officer of Allied Telesyn, a manufacturer of networking products with $200M in annual revenue. Mr. Brown also served as VP of Sales and Marketing for NetVantage, Inc., VP of Sales with Centrum Communications, and Director of Sales with Synoptics Inc. Mr. Brown began his career as an engineer and has held engineering positions with RCA Corp., Burroughs Corp., Sun Microsystems and Modular Computer Systems.

About Ciao Group, Inc. (Pending Name Change To NuMelo Technologies, Inc.)

In conjunction with a recent change of control, Ciao Group is transitioning under new management to leverage its regional expertise and presence within the telecommunications market in Brazil to refocus on the acquisition and development of disruptive telecommunication technologies within Brazil at first and then throughout South America with further plans to expand globally into frontier and emerging markets everywhere.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

Contact:

info@numelotechnology.com