LOS ANGELES, CA, July 23, 2019 (GLOBE NEWSWIRE) — Cathio Inc. (“Cathio”), an organization founded to serve Catholics through an easy-to-use payment solution that responds to the needs of the Catholic community, announced its attendance at this year’s Napa Institute Summer Conference, which brings together some of the world’s most prominent Catholic and Christian thinkers to engage, encourage and inspire over 500 global participants.
Former Senator Rick Santorum, Cathio Board member noted “the Napa Institute is more committed than ever to supporting Catholic leaders in their missions and we are pleased to have Cathio’s leaders well represented at this important reformed-based conference.”
“Cathio is pleased to announce our attendance at the prestigious Napa Institute Summer Conference where we will share the Cathio vision for our platform to enable all sectors of the Catholic economy to benefit from lower costs and transparent payments,” said Cathio CEO Matthew Marcolini.
In attendance from Cathio:
- Rick Santorum – Cathio Board member, former United States Senator and former Republican Presidential Nominee;
- Matthew Marcolini – Cathio CEO; and
- Ryan Thomas – Cathio interim Chairman of the Board and Co-Founder, former Director of News Operations for EWTN: Global Catholic Television Network.
Cathio Inc. was founded in 2018 and is working to transform the way the Catholic community moves money. By bringing innovative technology and best practices from the tech world, Cathio provides a turnkey solution for Catholic organizations to bring their financial transactions into alignment with their beliefs. Cathio was created to address the needs of the Catholic Church. With changing demographics and confidence in the Catholic Church, we are creating a solution that incorporates tools to help increase donations, move money with reduced cost and greater visibility, and drive Catholic community engagement. Visit our website for more information: https://www.cathio.com/
About the Napa Institute
The 9th annual Napa Institute Summer Conference, which will take place on July 24-28th, 2019 in Napa, California. The Napa Institute Summer Conference brings together some of the world’s most prominent Catholic and Christian thinkers each year to engage, encourage, and inspire the over 500 participants who gather for the annual conference from every corner of the country and around the world. This year’s conference will feature many exceptional and renowned speakers including Cardinal Raymond Burke, Bishop Thomas Paprocki, Bishop Thomas Daly, Bishop Joseph Strickland and more. For more information please visit www.napa-institute.org.
Matthew Marcolini, CEO
Arian L. Hopkins
Disclaimer for Forward-Looking Statements
This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the statements: that Cathio will attend the Napa Institute Summer Conference with some of the world’s most Prominent Catholic and Christian thinkers; the number of participants who will attend the Napa Institute Summer Conference; that Cathio’s leaders will be well-represented at the Napa Institute Summer Conference; that Cathio will share the Cathio vision for its platform to enable all sectors of the Catholic economy to benefit from lower costs and transparent payments at the Napa Institute Summer Conference; that Rick Santorum, Matthew Marcolini and Ryan Thomas will attend the Napa Institute Summer Conference on behalf of Cathio; that Cathio can Cathio provide a turnkey solution for Catholic organizations to bring their financial transactions into alignment with their beliefs; that Cathio will create a solution that incorporates tools to help increase donations, move money with reduced cost and greater visibility, and drive Catholic community engagement; and that this year’s Napa Institute Summer Conference will feature many exceptional and renowned speakers including Cardinal Raymond Burke, Bishop Thomas Paprocki, Bishop Thomas Daly, Bishop Joseph Strickland and more.
The material assumptions supporting these forward-looking statements include, among others, that there will be no material variations in current regulatory environments in which Cathio operates; that there will be no material variations in the structure, attendance or announced participants at this year’s Napa Institute Summer Conference; and that the perceived benefits from the technology developed by Cathio will be as expected. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the risk that Cathio will be unable to efficiently develop its technologies as currently intended; the risk that certain persons become unable to attend the Napa Institute Summer Conference as expected; the risk that there may be negative changes in general economic and business conditions; the risk the cryptocurrency and other trading platforms are relatively new, largely unregulated and may not be accepted by the Catholic community as a payment platform; the risk that there may be technological changes and developments in the blockchain and cryptocurrencies that make any technology developed by Cathio obsolete; the risk that other competitors may release platforms similar to the technology developed by Cathio; and other general risks involved in the cryptocurrency industry.
Any of these risks may cause Cathio’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Cathio has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this news release, and Cathio assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although Cathio believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.