Montieth & Company Retained to Launch $300 Million Cryptocurrency Initial Coin Offering
August 14, 2017
Specialist expertise, global, cross-border media relations, thought leadership, and legal and regulatory affairs program
New York/London – August 2, 2017– Montieth & Company, a global specialist communications consultancy, today announced that it has been retained by Cloudwith.me to launch the Initial Coin Offering (ICO) of its token “Cloud” (CLD). Montieth & Company is providing Cloudwith.me with integrated, cross-border media relations, thought-leadership and legal and regulatory affairs counsel in multiple money and media center markets, including the U.S., Canada, U.K., Continental Europe, Singapore and China.
Montieth & Company’s work includes counsel advising Cloudwith.me on the Securities and Exchange Commission’s recent 21(a) investigation and opinion on whether or not such tokens can be considered securities under federal securities laws.
Cloudwith.me, based in Dublin, Ireland, provides managed cloud services. The company plans to bring decentralized peer-to-peer internet cloud services into the mainstream. Following its ICO, the Cloud token can be used to pay for access to the cloud at 50% of the cost through Cloudwith.me’s platform. This is the first ICO from a non-blockchain company and the first cryptocurrency with the utility to be used immediately.
“We are honored to be working with Cloudwith.me to support their vision of decentralized cloud services for the masses, especially in the developing world,” says Montieth M. Illingworth, CEO and Global Managing Partner of Montieth & Company. “We’re leveraging on our ability to project our communications solutions seamlessly across borders for major corporate critical initiatives cost-effectively and to achieve high impact.
“More and more organizations want to reach across borders to achieve the influence they’re seeking with their target audiences and they need communications counsel that thinks and acts globally,” added Illingworth.
About Montieth & Company
Montieth & Company is a global specialist communications consultancy dedicated to enabling organizations to seize opportunity and successfully prevail in the face of their most critical challenges. Montieth & Company operates through four practice groups: marketing communications, corporate and financial communications, litigation communications, and issues and crisis management. Montieth & Company has offices in New York City and London and projects its solutions into multiple money and media center markets throughout North and South America, Europe, the Middle East and Africa, and Asia Pacific. More information can be found at www.montiethco.com.
Becky Nye Zarna Patel
Montieth & Company, New York, U.S. Montieth & Company, London, U.K.
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