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Weyland Tech Inc. (OTCQB: WEYL), a provider of mobile business applications announces that it has signed a strategic licensing agreement with BGT Corporation Public Company Limited ("BGT"), for the Thai market. BGT owns the rights to Body Glove, founded in 1953, in Redondo Beach, California. BGT distributes men's & women's sport and casual wears and wetsuits in Thailand and ASEAN countries such as Myanmar, Vietnam, Laos, Cambodia and the Philippines, http://www.bodyglove.co.th/ and http://www.weyland-tech.com.Click here for high-resolution version
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HONG KONG, CHINA--(Marketwired - September 06, 2016) - Weyland Tech Inc. (WEYL) ("Weyland Tech" or the "Company"), a provider of mobile business applications announces that it has signed a strategic licensing agreement with BGT Corporation Public Company Limited ("BGT"), for the Thai market.
BGT owns the rights to Body Glove, founded in 1953, in Redondo Beach, California. BGT distributes men's & women's sport and casual wears and wetsuits in Thailand and ASEAN countries such as Myanmar, Vietnam, Laos, Cambodia and the Philippines. The company has 149 company owned locations in Thailand alone and was listed on the Thailand Stock Exchange in 2007. Body Glove Thailand's website is: http://www.bodyglove.co.th/. BGT, in 2013, established BGT Technology in order to distribute electronic devices and other related accessories under trademarks of Wolfeye, Moontech and Boost.
BGT Technology intends to utilize the Weyland Tech CreateApp platform for BGT's m-Commerce app as well as provide a 'branded app' to other industries in Thailand.
Mr. Dickson Goh, CEO of BGT, commented that "As of December 2015, according to the Thailand Telecom Industry Database, Thailand had 83 million mobile subscribers, 5.4 million fixed-line telephone customers and 39.4 million internet users. Thailand is ASEAN's second largest smartphone market. With 60,000 mobile developers, Thailand's mobile app market is ranked third in Southeast Asia, after Indonesia and Vietnam. Thailand and its neighboring countries still lack an application platform like Createapp Technology that we are going to implement. Thus, our company is confident that CreateApp Platform will be successful business in the next 2-3 years. Thailand has 2.8 million SMBs. Those SMBs and start-ups still need an application platform to grow their business and increase revenue."

http://finance.yahoo.com/news/weyland-tech-weyl-enters-strategic-131500379.html