Solpower announces significant advances including arrangements to sell preloaded bitcoin cards in retail stores nationwide

POMPANO BEACH, Fla., April 1, 2014 /PRNewswire/ -- Solpower Corporation (OTCPink: SOCR) today announced that as part of the Bitcoin Collect Platform, there will be pre-loaded cards sold nationwide called the Bitcoin Collect Bitcard allowing people to purchase bitcoin at their local convenient stores for cash, adding to the anonymity of the new virtual currency. People will shortly be able to buy bitcoin with cash, and use that bitcoin in various retail establishments including medical marijuana depositories in a way that leaves no connection to a name or a person, protecting privacy and security.

The company acknowledges that a major problem for a lot of people, who would be patients of medical marijuana, is that it either requires having the name of a dispensary on their bank statement, or carrying cash, which could be lost or stolen. The addition of the Bitcoin Collect Bitcard makes this a thing of the past. Each card has a serial number and a QR code so bitcoin can change hands by simply scanning it with just about any smartphone.

The recently announced Bitcoin collect system has been undergoing beta testing with terrific results, and the company plans to release the full platform to the public in early to mid summer. "We are really excited to release the tools to the public. Our developers have used some of the core code used to build our industry recognized Medcare Collect system, so you know it is secure, and easy to use. This is the future of currency transactions, and we are at the forefront," said the company CEO, Charles Neinstedt.

Solpower Corporation, which recently began the process of filing for a name change to Bitcoin Collect, Inc. awaiting approval from FINRA, has several plans on the table for the coming quarters including the possibility of a significant stock dividend to increase liquidity, as well as the additional cancellation of insider shares. The company has already begun preparing a large network of retail stores, and specifically medical marijuana dispensaries for rollout of the Bitcoin Collect Merchant Services and the Bitcoin Collect Bitcard. According to Solpower, their distribution of the software and cards has been worked on for almost six months and will offer a significant leap forward for the company in just a few quarters.

About Solpower
Solpower Corporation, soon to be called Bitcoin Collect, Inc.™, owns and operates a software company that designs innovative solutions to problems that plague industries globally. Its products include Medcare Collect™, a healthcare billing system that allows patients to pay off medical bills over time with no credit check, and Bitcoin Collect™, a complete virtual currency merchant platform built around the new Bitcoin currency, as well as the Bitcard, a sort of Bitcoin debit card people can use to purchase bitcoin with cash.

DISCLAIMER 
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

SOURCE Solpower Corporation