INTEGRATED MEDIA TECHNOLOGY LIMITED ANNOUNCES MEMORANDUM OF UNDERSTANDING TO DEVELOP SOURCING CHANNEL OF HALAL PRODUCTS IN THAILAND

SYDNEY and NEW YORK, June 9, 2022 /PRNewswire/ — Integrated Media Technological know-how Restricted (NASDAQ: IMTE) (“IMTE” or the “Corporation”), announces now that the Firm’s subsidiary Entire world Integrated Supply Ecosystem Sdn. Bhd. (“Clever”) has entered into a memorandum of being familiar with with Central Islamic Council of Thailand (CICOT), the Halal Criteria Institute of Thailand and the Halal Science Center Chulalongkorn University Thailand (together as “Thailand Companions”), to build a strategic partnership to collaborate in Halal affairs which includes establishing requirements, inspection, certification, Halal forensic science laboratory and analysis exchanges.

The Thailand Partners are to actively deliver and support Smart to procure Halal solutions in Thailand. The Thailand Partners are well put in the Thailand markets to determine Thai providers for collaboration in getting process, high quality control, danger assessment, and procedure administration. In addition, the get-togethers will actively acquire progressive on the internet cooperation to promote Halal goods by means of on-line system gatherings and trade promotions, as nicely as on organizing joint educational functions these types of as online instruction programs, conferences and seminars.  The functions shall also share assets together with the use the title and symbol of the Thailand Associates on marketing elements and websites as a “strategic husband or wife”.

Mr. Xiaodong Zhang, IMTE’s CEO stated, “Thailand is one particular of the world’s most vital food items producers with large production and export opportunity for Halal merchandise. We look ahead to working with these 3 esteemed businesses to establish Thailand as a person of our essential strategic sourcing channels. This MOU lays the foundation for sourcing an array of Halal solutions to our European distributors and will boosted our Halal enterprise in Southeast Asia and the earth.”

About Central Islamic Council of Thailand (“CICOT”)

CICOT is the federal government physique dependable for the certification, monitoring, and supervisio of Halal items in Thailand, as well as Islamic affairs for The Muslim individuals of Thailand. The Kingdom of Thailand is an observer, represented by CICOT and the Halal Standards Affiliation of Thailand (HSIT). The CICOT’s main routines and companies are authorities consultation, Halal product or service certification, Halal publicity and marketing by way of publications, radio, television, web site, and so on.

About Halal Criteria Institute of Thailand (“HSIT”)

The Halal Criteria Institute of Thailand, an distinctive legal spiritual business, is administered by the Central Islamic Council of Thailand (CICOT).  The HSIT was established on August 11, 2003, to formulate and administer Islamic religious affairs in the Kingdom of Thailand. The regulations governing the group of the Islamic Act (“AOI Act”) have been introduced by Parliament and gained royal assent on 17 Oct 1997. With spending plan help from the Thai Govt, the HSIT aims to handle Islamic affairs in the kingdom of Thailand, comply with authorities guidelines and endorse the Thai food items business as the kitchen area of the world.

About Halal Science Center Chulalongkorn College Thailand  (“Halal Science Centre”)

The Halal Science Heart is a network of teaching centre and laboratory in Thailand dedicated to retaining Halal standards. The Halal Science Centre at present has a collaboration with many laboratories in numerous institutions in Thailand, concentrating on the technological exploration and enhancement of Halal-connected science and the verification of Halal goods and food items, as needed by the sanctity of Islamic law. The Halal Science Centre also actively disseminates knowledge about Halal goods to the community via seminars.

About Integrated Media Engineering Constrained (“IMTE”)

IMTE is an Australian enterprise engaged in the enterprise of manufacture and sale of nano coated plates for filters, the manufacture and sale of electronic glass, Halal certification and distribution of Halal products and solutions, the operating of an on the web trade system for buying and selling in electronic belongings and the provision of financial analysis. For additional facts, make sure you pay a visit to www.imtechltd.com.

About Planet Built-in Source Ecosystem Sdn. Bhd. (“Clever”)

Wise is a Malaysia business engaged in the business enterprise of supplying Halal certification to capable organizations / operations, the institution of Halal merchandise supply chain, and sale of Halal solutions

Harmless Harbor Regarding Ahead-Hunting Statements

This press release incorporates ahead-wanting statements in the which means of Section 27A of the Securities Act of 1933 and Part 21E of the Securities Exchange Act of 1934, like people concerning IMTE’s anticipations, intentions, procedures, and beliefs pertaining to long term events or foreseeable future money effectiveness. Actual activities or outcomes may possibly differ materially from these in the forward-on the lookout statements due to the fact of several critical things, together with these described in the Company’s most latest filings with the SEC. IMTE assumes no obligation to update publicly any these forward-on the lookout statements, whether due to the fact of new data, long term events or usually. For a a lot more finish description of the risks that could cause our actual results to differ from our current expectations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are obtainable on the SEC’s internet site and at http://www.imtechltd.com.

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