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Microchannel Technologies (OTC PINK: MCTC) Announces Gary McHenry as New CEO

FORT LAUDERDALE, FL / ACCESSWIRE / December 12, 2017 / Microchannel Technologies (OTC PINK: MCTC) is pleased to announce Gary McHenry as the new CEO, and Boyle CPA, LLC ("Boyle"), of Bayville, New Jersey, as the new independent registered public accounting firm. It is the stated intention of the company to proceed with the necessary steps to bring Microchannel Technologies fully current with its filings and bring news of its progress and other changes to shareholders.

In the coming weeks, investors can look forward to updates on MCTC additional filings, updated status information, as well as news about the new direction the company is headed.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Visit our website at http://mctc.co/.

For more information, contact Investor Relations:

[e-mail]

954-551-7701

SOURCE: Microchannel Technologies

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