Specialized holding company Singlepoint, Inc. (OTCQB: SING) this morning released a shareholder update on its recent uplisting to the OTCQB Venture Market, offering insight into the company’s current objectives and its recent addition of a key board member to help guide its technology initiatives. Notably, a requirement of SinglePoint’s move to the OTCQB was to add an additional board member. The company selected F5 Networks Senior Vice President Venugopal Aravamudan for the role. Aravamudan brings more than 25 years of technology sector experience to the SinglePoint team, having played a significant role in the growth and development of companies such as Microsoft, VMware and Amazon. “We are very happy Mr. Aravamudan has joined us,” Wil Ralston, president of SinglePoint, stated in the news release. “This gives us the expertise we need for accelerating the right set of technology based Joint Ventures, Acquisitions and other interesting Big Data plays that unlock the potential for blockchain applications.”

To view the full press release, visit http://ibn.fm/BbbBi

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About SinglePoint, Inc.

SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit www.SinglePoint.com

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