27February2014 PRESSRELEASEUNDEREMBARGOUNTILTHURSDAY,27February2014,1600HRSGMT+8

TembusutounveilSingaporesveryownBitcoinmachines
AnnouncingSingaporesFirstCryptocurrencyATM.
I am very excited about the upcoming Tembusu ATMs, because I can now buy Bitcoins conveniently. Without such a machine, purchasing bitcoins is a chore! Moreover, Bitcoinsalsoenableme toconduct businesswithmorepeoplewhootherwisewouldnothavedoneso. RaymondNg,41,ChiefExecutiveOfficerGetfundingAsia andPioneerAdopterofaTembusuATM SingaporePeoplewhowant to exchangetheirSingaporedollarsintobitcoinsandothercryptocurrencies willsoon beable todo so via a locally produced Automated Teleexchange Machine (ATM), courtesy of Tembusu Terminals. The designed and madeinSingapore ATM, eponymously named the Tembusu, will have options to incorporate various physical security and antitheft measures such as ID and thumbprint scanning for users. There areeven AntiMoneyLaundering(AML) featuresthat canbeadaptedtomeettherequirementsofvariousregulatorsindifferentcountries. Tembusu Terminals will be unveiling their latest product at a launch event held at The Spiffy Dapper (Level 2, 61 Boat Quay Singapore 049849) from 1600HRS onwards. The PressandMediaarecordially invited.A productdemonstrationofthe Tembusu ATMwilltakeplacefollowedbyapressconferencebytheTembusuTerminalsteamtoanswerqueriesabouttheproduct. This exciting development comes hot on the heels of a parliamentary statement delivered by Singapores Deputy Prime Minister and Finance MinisterMrTharmanShanmugaratnamon 21February2014,that Bitcoinsdo notfallundertheregulatorypurviewof his ministry andthe Monetary AuthorityofSingapore(MAS),as well asataxadvisoryissuedbythe Inland Revenue Authorityof Singapore(IRAS)onhowBitcointransactionswillbetaxedinSingaporeearlierthisyear. TheTembusuATM:Flexibilityiskey I am sure all of us would agree that it has been an exciting, and some would even say trying, past few weeks for Bitcoin users worldwide. Through this entire rollercoaster ride, I cant help but thinkbackto themainguidingprinciplebehinddesigningtheTembusu:Flexibilityiskey. AndrasKristof,44,ChiefTechnicalOfficerTembusuTerminalsPteLtd The Tembusu ATM promises to raise the bar on the ease with which Bitcoins and other cryptocurrencies can be owned and transacted within Singapore and the also restoftheworld. The keyofferingof theTembusuis its customisability,combinedwith an easy to use and intuitive full touchscreen interface. Depending on the business needsofthe customersand thejurisdiction wheretheTembusuistobedeployed,Tembususrevolutionaryplatformallowsittobeoutfittedwithamyriadofoptions. On top of its primary cash accepting, cryptocurrency dispensing features, other possible options include cash dispensing, additional physical security and antitheft measures, KnowYourCustomer (KYC) features such as IDand thumbprint scanning andevenAMLfeaturesasrequiredbyourclientslocalregulators. DeployaTembusuforZEROpaymentdown. The flexibility of the Tembusu ATM does not just stop at the countless technical configurations that are possible. The same flexibility extends toitspricingandfinancingoptions aswell.Infact,depending ontheclients preferencesandchoiceofoptions, itispossibleforaTembusuATMtobedeployedforevenaslowasnodownpaymentatall*. Tembusu Terminals is currently in talks with many Bitcoin accepting retailers and Bitcoin users can look forward to seeing a Tembusu ATM terminal coming soon at your favourite retailer. Interested parties are greatly encouraged to contact Tembusu Terminalsdirectlyattembusu.singapore@gmail.com *TermsandConditionsApply.

AboutTembusuTerminalsPteLtd Tembusu Terminals Pte Ltd, a jointventure between EstatesGeneral,acryptocurrencyresearchand consultancy firm,andRed Steed Studios, a software and hardware development studio, develops and builds worldclass technological solutions to address the known challenges of adopting bitcoins and other cryptocurrencies as a revolutionary means of exchange and personalassetmanagementandtomakethemaccessibletothemasses. Formoreinformation,pleasevisit:www.tembusu.sg

Contact TembusuTerminalsPteLtd JarrodLuo,CorporateCommunications +6597222269 tembusu.singapore@gmail.com

AppendixI:Factsheet 1.SingaporeandAsiasveryfirstCryptocurrencyATM 2.LocallydevelopedandproducedbyTembusuTerminalsPteLtd. 3.ProductLaunchandDemonstrationatTheSpiffyDapper(Level2,61BoatQuay)@1600HRS.Mediaiscordiallyinvited. 4.Productplatformishighlyflexible,manyconfigurationspossibleforlocalisedneeds. 5.ATembusuATMcanbedeployedforaslittleaszeropaymentdownpaid.

FrequentlyAskedQuestions(FAQs):

1.WHATISBITCOIN? Bitcoin is a peertopeer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, socalled because it usescryptography to controlthecreationand transfer ofmoney. It is a currency that can be transferred instantly and securely betweenanytwopeoplein theworld.It'slike electronic cashthat you can use to pay friends or merchants.Conventionally, the capitalized word "Bitcoin" refers to the technology and network, whereaslowercase"bitcoins"referstothecurrencyitself.

2.HOWCANIGETBITCOINS? Thereareavarietyofwaystoacquirebitcoins: ThemostcommonwaytobuybitcoinsareviatheonlineBitcoinExchanges Acceptbitcoinsaspaymentforgoodsorservices. Findsomeonetotradecashforbitcoinsinpersonthroughalocaldirectory. Participateinaminingpool. UtilisedirectexchangeservicesprovidedbyproductslikeTembusuATMs.