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NEI Netco Silver

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Share Name Share Symbol Market Type
Netco Silver TSXV:NEI TSX Venture Common Stock
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Netco Silver to Launch Smart-Device Business Unit Branded as Brisio Innovations Inc.

12/11/2013 8:04pm

Marketwired Canada


Netco Silver Inc. (TSX VENTURE:NEI) ("Netco" or the "Company") is pleased to
announce that it has commenced doing business as Brisio Innovations Inc., has
purchased the domain name "Brisio.com", and will be seeking approval of the new
name at its upcoming special meeting of shareholders scheduled for December 11,
2013.


The Company intends on launching a new business unit targeting the smart device
market, which currently includes smart phones, tablets and smart TVs and is
expected to include other devices such as automobiles, wearable computers and
home automation devices in the future. 


The Company's CEO, Paul Andreola, explains the strategy. "We are witnessing a
paradigm shift on how consumers interact with their devices. We are in the early
days, where consumers download "apps" or mini applications to use on their smart
phones, but the device market is much bigger than phones, and what we call apps
today will conceivably be the operating systems of the devices of tomorrow. 


We intend to pursue an aggressive acquisition spree to better monetize
undercapitalized, privately controlled assets. We plan to inexpensively convert
"best of breed" apps from one platform and one language to many and to cross
market them inexpensively to a global audience at potentially high margins
because we believe there could be tremendous economies of scale. 


Additional opportunity lies in the potential aggregation of the data we acquire
and data from our future partners, which we hope can be utilized to deliver
timely and user-specific mobile advertising to our future user base. Brisio's
goal is to become a destination site for users to discover the latest and best
apps across multiple devices, as well as find editorial content and reviews."


Vision Mobile magazine states, in their report titled "App Economy Forecasts
2013-2016", by Senior Analyst Andreas Pappas, that the global app economy in
2012 was worth $53 billion, and is expected to rise to $143 billion in 2016. 


Mobile Marketing Association published a study in May 2013 titled "Mobile
Marketing Economic Impact Study" that states that the mobile marketing ecosystem
generated $139 billion of incremental output to the U.S. economy in 2012 and
this figure is set to increase to $400 billion over the next 5 years.


Director, Colin Bowkett, says he expects the entire company will be rebranded.
"The name 'Brisio Innovations Inc.' has been reserved with the Registrar of
Companies in both Alberta and BC and a special meeting of shareholders is
scheduled for December 11, 2013 to approve a name change from 'Netco Silver
Inc.' to 'Brisio Innovations Inc.'. We've spent the majority of this past year
building a trusted team of partners, directors and advisors with experience in
the capital markets, technology and international sales and we believe that we
will be well positioned to become a trusted source for both consumers and
advertisers when they want to interact with their smart phones and smart TVs in
the future."


On behalf of the Board

Paul Andreola, President, CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which
reflect the expectations of management regarding its proposed new business plan.
Forward-looking statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or intentions
regarding the future, and include discussion of: (i) the Company's plans for its
shift from a mineral exploration company to a technology focused company; (ii)
the launch of its proposed new business unit; (iii) the Company's acquisition
plans; (iv) how the Company intends to convert app platforms and cross-market
apps; (v) statements regarding the Company's hoped for growth potential and
potential margins; (vi) the Company's proposed name change; and (vii) potential
future markets for the Company's proposed new business plan. Such statements are
subject to risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the statements. No
assurance can be given that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the Company will
obtain from them. These forward-looking statements reflect management's current
views and are based on certain expectations, estimates and assumptions which may
prove to be incorrect. A number of risks and uncertainties could cause the
Company's actual results to differ materially from those expressed or implied by
the forward-looking statements, including: (i) that the Company's shareholders
fail to approve the name change at the special meeting; (ii) that the Company is
unable to execute its planned acquisitions; (iii) that, even if the Company is
able to make the acquisitions it hopes to make, it is unable to convert app
platforms or to cross market them inexpensively to a global audience at high
margins, or otherwise; (iv) that the Company is unable to gain support of the
financial market and consumers for its proposed new business plan; (v) that the
Company fails to get any regulatory approvals necessary to pursue or execute its
proposed new business plan; and (vi) other factors beyond the Company's control.
These forward-looking statements are made as of the date of this news release
and the Company assumes no obligation to update these forward-looking
statements, or to update the reasons why actual results differed from those
projected in the forward-looking statements, except in accordance with
applicable securities laws. Additional information about the Company is
available in the Company's public filings with Canadian securities regulators,
available on SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Netco Silver Inc.
Paul Andreola
President, CEO and Director
pandreola@netcosilver.com

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