WRIT Media Group, Inc. Announces New Executive to Architect Platform of its Pelecoin Digital Currency

LOS ANGELES, Aug. 2, 2017 /PRNewswire/ -- WRIT Media Group, Inc. (OTCQB: WRIT) announced today it has hired Alexander Keselman as its Chief Technology Officer. Mr. Keselman will have responsibility for software project development, as well as overseeing the growing company's product support activities for Pelecoin.

Mr. Keselman has over two and a half decades of experience in software development and project management in the fields of finance and capital markets. His expertise includes advanced technical knowledge of software engineering, programming and product development lifecycles, as well as a clear understanding of business needs and requirements. During the past fifteen years, Keselman has participated in and managed a number of complex financial software projects for several large banks, including Bank Hapoalim, Bank Leumi, and Bank of Israel, and for two stock exchanges; the Tel Aviv Stock Exchange and the Ukrainian Stock Exchange. In addition, Keselman has led the development of multiple software design products for such e-commerce companies as R2Net, one of the biggest internet-based US diamond trading systems, and Kontera, one of the biggest US internet contextual ad networks. Keselman has practical experience and an extensive knowledge of financial markets, with a specialization in derivatives and investment management. Over the past several years, Mr. Keselman has become a pioneer in several of the first crypto-currency projects, including the creation of new Blockchain-based tokens and trading systems. Keselman holds two master degrees, one in civil engineering and one in mathematics from Russia.

"We are excited to have Alex join us at WRIT Media Group," said Eric Mitchell, President and Chief Executive Officer. "Mr. Keselman is recognized as a creative innovator with an eye towards bringing high quality products to the market efficiently. Additionally, he brings a wealth of knowledge and experience in the digital currency and trading systems space, and a deep understanding of the close link between product development and operations. Now is an excellent time to bring him on as we look to scale our organization to support our growth objectives."

Pelecoin is now available to the public by registering for a free Pelecoin account and by downloading the Pelecoin miner in order to start mining. For additional information and to register follow the link www.PelecoinInfo.com

About WRIT Media Group

WRIT Media Group, Inc. (OTCQB: WRIT) is a diversified media and software company whose operations include digital currency software development, including trading platforms and Blockchain solutions, content production and distribution; and video game distribution via mobile platforms; and

The Company's portfolio of wholly owned business units include:

• Pandora Venture Capital, a financial technology company with a focus on its digital currency, Pelecoin, a new generation of digital currency, Blockchain technology solutions, and the CrypFXPro trading platform.
• Front Row Networks, a company which produces and distributes live event programming for worldwide digital broadcast to movie theaters and online streaming;
• Amiga Games, a company resurrecting the Amiga brand by publishing retro video games on smartphones and tablets;
• Retro Infinity, Inc., a video game distribution portal which publishes video games from Amiga, Atari and other "retro" brands.

Cautionary Note Regarding Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in WRIT Media Group's latest 10-K filed July 14, 2017. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Pelecoin, CrypFXPro and their related trademarks and names are the property of WRIT Media Group, Inc. and are registered and/or used in the U.S. and countries around the world. All rights reserved. All other trademarks belong to their respective owners.

SOURCE WRIT Media Group, Inc.