In January 2023, Sanwa Technologies Inc. (“Sanwa”) publicly announced that it was acquiring The CopperOn Company MEA, a Dubai free zone company (“CopperOn”). Due to subsequent events, that acquisition never occurred, and CopperOn remained under the ownership of the original owner, Paul Titus, at all times. There is no affiliation or relationship between Sanwa, on the one hand, and CopperOn, on the other hand.
It has come to our attention that CopperOn is falsely representing on its website and other media platforms that it is an affiliate of Sanwa. That is not true.
Two companies are completely independent with no relationship nor affiliation of any kind whatsoever.
By releasing this statement, Sanwa hopes to prevent any confusion or misunderstanding on the part of anyone dealing with CopperOn by their misleading and false representation.