ATW Tech Announces Completion of Einsteinium Cryptocurrency Integration Phase I
Momentum Public Relations
Press Release: April 20 2018
ATW Tech (“AtmanCo” or the “Company”) (TSX VENTURE:ATW) is proud to announce, as part of its ongoing global partnership with the Einsteinium Foundation (“EMC2”) (refer to press release dated January 12, 2018) that the first phase of its implementation has been completed for the integration of blockchain technology into its various platforms, which include voting, gaming and fundraising. ATW Tech’s subsidiary, Voxtel, has begun accepting the cryptocurrency as a payment solution on its unified payment platform.
Alongside the other channels of distribution and development targeted such as the further integration on Voxtel’s payment gateway to buy, exchange or transfer Einsteinium coins, and peer-to-peer network gaming, being a leader in mobile political voting and mobile fundraising in Canada, Voxtel will also focus on the political arena and is planning to launch crypto contributions in the Fall of 2018.
“We’ve been looking at crypto for quite some time,” says Michel Guay, CEO of ATW Tech, adding that: “Many organizations are getting in on the cryptocurrency craze for example to fund political campaigns and we want to be the first facilitator.”
“Using Einsteinium for fundraising efforts has the distinct advantage of creating transparency in an area where it is needed most.” says Ben Kurland, Chief Strategist of the Einsteinium Foundation. “Furthermore, it can be far more efficient than other payment solutions due to its speed, security and ability to be transferred internationally.”
Einsteinium is a blockchain currency designed to democratize research funding. The Einsteinium Foundation which maintains the currency and furthers its utility and adoption, is due to launch a crowdfunding platform to promote scientific research in June. Other recent developments include a social mobile wallet and the first annual Einsteinium Awards set to take place in September.
Additional information regarding the Company is available on SEDAR www.sedar.com. The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT emc2
The emc2 coin is a Bitcoin-like currency with a philanthropic objective of funding scientific research, cutting edge IT and crypto currency projects. The emc2 coin is released by the Einsteinium Foundation. emc2 is embarking on a truly ambitious project that will likely change how cryptocurrency (“CC”) is viewed outside of the CC universe. Similar to the Bitcoin, Einsteinium is a distributed peer-2-peer digital currency released without any premium. EMC2 implements the primary innovation of wormhole mechanics to reward long term miners. Each wormhole event occurs randomly during each epoch and is 180 blocks long, with a reward of 2970 emc2 per block.
ABOUT ATW TECH
ATW Tech (‘AtmanCo’) (TSX-V:ATW) is a leader in information technology, owner of several web platforms including VoxTel, Québec Rencontres, VuduMobile, Atman and Bloomed. VoxTel offers various interactive landline and mobile carrier billing phone solutions. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. VuduMobile is specialized the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application et turnkey solution allowing management of text message management programs in all kind of businesses. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
SOURCE:
ATW TECH (“AtmanCo”) | |
Michel Guay | Simon Bédard, CA, CPA, CFA, MBA |
Founder, president and CEO | CFO |
Tel.: 514.935.5959 ext. 301 | Tel. : 514.935.5959 ext. 304 |
mguay@atmanco.com | sbedard@atmanco.com |
www.atwtech.com |
- Published in ATWTECH
ATW Tech Announces an Increase in Its Revenues of $8.4m (249%) and Revenues of $11.8m for 2017
Momentum Public Relations
Press Release: April 11, 2018
ATW Tech (“AtmanCo” or the “Company”) (TSX-V:ATW) announces its financial results for its 4th quarter and its financial year ended December 31, 2017.
- The Company had revenues of $11.8m in 2017 compared to $3.4m in 2016, an increase of $8.4m or 249%.
- In Q4-2017, the Company had revenues totalling $3.3m compared to $2.6m in Q4-2016, an increase of $0.6m or 26% and compared to $2.7m for Q3-2017, a 22% increase.
- As of December 31, 2017, the Company’s order book was totalling $10.7m compared to $8.9m as of December 31, 2016, for an increase of $1.8m or 20%.
- Total assets increased from $7.3m to $8.1m between 2016 and 2017 for an increase of $0.8m or 11%.
- On October 1st, 2017, the Company closed the acquisition of VuduMobile Inc. (‘Vudu’) for a total purchase price of $589k.
The selected financial information below originates from our 2017 management report:
IN THOUSANDS OF $ | 3 months ended December 31, 2017 |
12 months ended December 31, 2017 |
3 months ended December 31, 2016 |
12 months ended December 31, 2016 |
||||
Consolidated statement of income | ||||||||
Revenues | 3,278 | 11,777 | 2,606 | 3,378 | ||||
Operating income (before depreciation/amortization) |
(81 | ) | (642 | ) | (43 | ) | (561 | ) |
« 2017 allowed us to consolidate the foundation of our growth plan and accelerate our development. Among other things, we finalized the integration of the business activities of VoxTel, completed the acquisition of the cutting-edge text messaging platform of Vudu, built of a solid salesforce aligned with our growth plan and launched many business opportunities in our core unified interactive communications and payment solutions while starting to reap some of those benefits in our 4th quarter of 2017. In the meantime, we continue to be actively involved to progress with our acquisition growth plan », said President and CEO of ATW Tech, Michel Guay.
The above data includes a summary of highlights. For further information, please consult the Corporation’s consolidated financial statement as well as the Management Report for the year ended December 31, 2017 at www.sedar.com
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements that reflect the Company’s current expectation regarding future events. There is a risk that expectations and forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on these forward-looking statements as they involve risks and uncertainties, which could make actual results differ materially from those projected herein and depend on a number of factors including, but not limited to, no history of profitability, future financing, intellectual property and patents, key personnel, competitive marketplace, technology obsolescence, share price volatility and other risks detailed from time to time in the Company’s filings. While ATW Tech anticipates that subsequent events and developments may cause its views to change, ATW Tech specifically disclaims any obligation to update these forward-looking statements, unless obligated to do so by applicable securities laws.
Additional information regarding the Company is available on SEDAR www.sedar.com. The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT ATW TECH
ATW Tech (‘AtmanCo’) (TSX-V:ATW) is a leader in information technology, owner of several web platforms including VoxTel, VuduMobile, Atman, Bloomed and Quebec Rencontres. VoxTel offers various interactive communication and landline and mobile carrier billing phone solutions. VuduMobile is specialized in the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application and turnkey solution allowing management of text message management programs in all kind of businesses. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships.
SOURCE:
ATW TECH (AtmanCo) Michel Guay Founder, president and CEO Tel.: 514.935.5959 ext. 301 mguay@atwtech.com www.atwtech.com |
Simon Bédard, CA, CPA, CFA, MBA CFO Tel. : 514.935.5959 ext. 304 sbedard@atmanco.com |
- Published in ATWTECH
ATW Tech Announces a Contemplated Private Placement of $1.5 Million
Momentum Public Relations
Press Release: March 28 2018
ATW Tech (“AtmanCo” or the “Company”) (TSX-V:ATW) is proud to announce that it has entered into an agreement with the lead agent, Leede Jones Gable Inc. (the “Agent”), to complete a brokered private placement of units, on a commercially reasonable efforts basis, for gross proceeds to the Company of a maximum of $1,500,000 (12,500,000 units at a price of $0.12 per unit). Each unit consists of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant giving the holder the right to subscribe for one Common Share at a price of $0.15 for a period of 36 months following the closing date. The gross proceeds will be used to support the Company’s development and general working capital purposes. The private placement is scheduled to close on or about April 18, 2018.
The Company also closed today a non-brokered private placement consisting of the issuance of 1,400,000 units at a price of $0.12 per unit, for total gross proceeds of $168,000. Each unit consists of one Common Share and one Common Share purchase warrant giving the holder the right to subscribe for one Common Share at a price of $0.15 for a period of 36 months.
The securities issued under this private placement are subject to a four-month hold period. This private placement remains subject to the final approval of the TSX Venture Exchange.
Additional information regarding the Company is available on SEDAR www.sedar.com. The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
Forward Looking Statements Disclaimer
Certain statements in this press release may be forward-looking. Such statements include those with respect to the Agent’s engagement as lead agent, the Company’s ability to raise funds under the private placement and the use of the proceeds raised thereunder. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Such assumptions, which may prove incorrect, include the following: (i) ATW Tech and the Agent will be able to successfully negotiate a mutually satisfactory agency agreement, (ii) ATW Tech will be successful in its efforts to pursue activities referred to in this news release, (iii) the Agent will fulfill its contractual obligations to complete the portion of the private placement for which it was retained on a “best-efforts” basis, (iv) the Agent will be successful in its efforts to identify and secure subscribers under the private placement, (v) the subscribers under the private placement will complete the subscriptions they have agreed to make under their subscription agreements and (vi) ATW Tech’s management will not identify and pursue other business objectives using the proceeds of the private placement. Factors that could cause actual results to differ materially from expectations include (i) the inability or unwillingness of the subscribers under the private placement or of the Agent to fulfill its contractual obligations, in whole or in part, (ii) the Company’s and the Agent’s failure to negotiate a mutually satisfactory agency agreement (iii) the Company’s failure to make effective use of the proceeds of the private placement, (iv) the failure of the Company’s business, for technical, logistical, labor-relations or other reasons, (v) the Company’s inability to obtain the necessary regulatory approvals for the private placement, (vi) a deterioration in capital market conditions that prevents the Company from raising the funds it requires on a timely basis and (vii) generally, the Company’s inability to develop and implement a successful business plan for any reason. A description of other risks affecting ATW Tech’s business and activities appears under the heading “Risks and Uncertainties” on pages 10 to 12 of ATW Tech’s 2016 annual management’s discussion and analysis, which is available on SEDAR at www.sedar.com. No assurance can be given that any events anticipated by the forward-looking information in this press release will transpire or occur, or if any of them do so, what benefits that ATW Tech will derive therefrom. In particular, no assurance can be given as to the future financial performance of ATW Tech. ATW Tech disclaims any intention or obligation to update or revise any forward-looking statements in order to account for any new information or any other event, except as required under applicable law. The reader is warned against undue reliance on these forward-looking statements.
ABOUT ATW TECH
ATW Tech (‘AtmanCo’) (TSX-V:ATW) is a leader in information technology, owner of several web platforms including VoxTel, Québec Rencontres, VuduMobile, Atman and Bloomed. VoxTel offers various interactive communication and landline and mobile carrier billing phone solutions. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. VuduMobile is specialized in the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application et turnkey solution allowing management of text message management programs in all kind of businesses. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
SOURCE:
ATW TECH (AtmanCo) Michel Guay Founder, president and CEO Tel.: 514.935.5959 ext. 301 mguay@atwtech.com www.atwtech.com |
Simon Bédard, CA, CPA, CFA, MBA CFO Tel. : 514.935.5959 ext. 304 sbedard@atmanco.com |
- Published in ATWTECH
ATW Tech Announced Agreements with RAMQ and Cogeco
Momentum Public Relations
Press Release: March 22 2018
ATW Tech (“AtmanCo” or the “Company”)(TSX-V:ATW) announces today that its wholly-owned subsidiary, VuduMobile Inc. (‘VuduMobile’), has renewed for an additional year, until June 30, 2019, its agreement with Régie d’assurance maladie du Québec (‘RAMQ’), without changing the amount, terms and conditions, for its cloud-based text messaging communication solutions related to the new governmental program Rendez-Vous Santé Québec (rvsq.gouv.qc.ca) to serve family medical clinics in Quebec.
VuduMobile also announced the addition of the Montreal radio station 98.5 to its agreement with Cogeco Media group and the renewal of its agreement for 3 years. Listeners of radio stations 98.5, Rythme FM, 96.9 CKOI, The Beat 92.5, FM 93 and M102.9, owned by Cogeco Media, use VuduMobile text messaging services to communicate with the radio hosts, answer spontaneous polls and participate in various contests.
« We are proud to renew those agreements with strategic clients that confirm again both the quality of products and services offered by VuduMobile and our overall customer satisfaction », said Ghislain Dallaire, Vice-President, Customer management and professional services at ATW Tech.
Additional information regarding the Company is available on SEDAR www.sedar.com. The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT ATW TECH
ATW Tech (‘AtmanCo’) (TSX-V:ATW) is a leader in information technology, owner of several web platforms including VoxTel, Québec Rencontres, VuduMobile, Atman and Bloomed. VoxTel offers various interactive communication and landline and mobile carrier billing phone solutions. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. VuduMobile is specialized the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application et turnkey solution allowing management of text message management programs in all kind of businesses. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
SOURCE: | |
ATW TECH (AtmanCo) | |
Michel Guay | Simon Bédard, CA, CPA, CFA, MBA |
Founder, president and CEO | CFO |
Tel.: 514.935.5959 ext. 301 | Tel. : 514.935.5959 ext. 304 |
mguay@atwtech.com | sbedard@atmanco.com |
www.atwtech.com |
- Published in ATWTECH
ATW Tech Announced a Partnership With Einsteinium Foundation (EMC2) for Its Cryptocurrency
Momentum Public Relations
Press Release: January 11, 2018
ATW Tech (“AtmanCo” or the “Company”) (TSX-V:ATW) is proud to announce a global partnership with the Einsteinium Foundation (EMC2) for the launch of the Einsteinium currency billing by mobile phone.
In order to diversify its payment options, Voxtel, a subsidiary of ATW Tech, plans to implement EMC2cryptocurrency in all its platforms such as mobile donations, social communities, messaging, gaming and voice services.
A 4-phase deployment plan will include the following steps:
- Einsteinium will integrate Voxtel’s payment gateway in order to buy, exchange or transfer Einsteinium coins.
- Voxtel and EMC2 will be implementing a mobile wallet, E-Wallet and voice wallet easily accessible for Voxtel users.
- Peer to peer exchange Einsteinium currency through Voxtel chat and gaming communities.
- Build a path to Einsteinium convertibility into major currencies such as Canadian dollar, US dollar and Euro.
Einsteinium cryptocurrency could provide Voxtel’s payment platform enormous autonomy from any carrier or regulator. This global partnership will be the insurance to reach wider audience and will simplify transactions between users.
« We are proud to integrate this very promising and well-known cryptocurrency to our global Unified Payment Solutions (UPS) platform which already includes voice billing, direct carrier billing, credit card and interac. This would allow us to offer turnkey payment solutions and expand our customer base » said Michel Guay, President and founder of ATW Tech.
« We at EMC2 would like to thank our community for the tremendous support and Voxtel for the opportunity to be able to benefit from its users worldwide. After a year of hard work, we are very excited about the growth this will bring to both the Einsteinium Foundation and Voxtel billing integration as well as the adoption of crypto currency as a whole », said Jonathan Lauzière, Board member and Treasurer of EMC2.
Additional information regarding the Company is available on SEDAR www.sedar.com. The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT EMC2
Einsteinium coin is a Bitcoin-like currency with a philanthropic objective of funding scientific research, cutting edge IT and crypto currency projects. The EMC2 coin is released by the Einsteinium Foundation. The Einsteinium Foundation (EMC2) is embarking on a truly ambitious project that will likely change how cryptocurrency (CC) is viewed outside of the CC universe. Similar to the Bitcoin, Einsteinium is a distributed peer-2-peer digital currency released without any premium. EMC2 implements the primary innovation of wormhole mechanics to reward long term miners. Each wormhole event occurs randomly during each epoch and is 180 blocks long, with a reward of 2970 EMC2 per block.
ABOUT ATW TECH
ATW Tech (‘AtmanCo’) (TSX-V:ATW) is a leader in information technology, owner of several web platforms including VoxTel, Québec Rencontres, VuduMobile, Atman and Bloomed. VoxTel offers various interactive landline and mobile carrier billing phone solutions. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. VuduMobile is specialized the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application et turnkey solution allowing management of text message management programs in all kind of businesses. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
SOURCE:
ATW TECH (AtmanCo) Michel Guay Founder, president and CEO Tel.: 514.935.5959 ext. 301 mguay@atwtech.com www.atwtech.com |
Simon Bédard, CA, CPA, CFA, MBA CFO Tel. : 514.935.5959 ext. 304 sbedard@atwtech.com |
- Published in Atmanco
Atmanco Announces Revenues of $3.1M and Profit of $158k for it’s Second Quarter of 2017
Atmanco Announces Revenues of $3.1M and Profit of $158k for it’s Second Quarter of 2017
Momentum Public Relations
Press Release: August 24, 2017
AtmanCo Inc. (“AtmanCo” or the “Company”) (TSX VENTURE:ATW) announces its quarter results ending June 30, 2017.
Highlights of the second quarter:
- Revenues up by $2.8m from last year to reach $3.1m.
- Revenues up by $354k or 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} from previous quarter.
- Order book of $11.1m, up by $10.4m from last year and by $1.7m from previous quarter.
- EBITDA (operating income) up by $127k from last year and by $262k from previous quarter.
- Net income of $158k, up by $441k from last year and by $729k from previous quarter.
- Cash flows from operations of $109k, up by $388k from last year and by $316k from previous quarter.
- Cash position totalled $453k, a $367k increase from previous quarter.
“In the second quarter of 2017, we have completed the integration and harmonization of VoxTel activities into AtmanCo and pursued the development of promising business opportunities for the future.
In line with our business plan of being the leader in products monetization in the telecom industry, we put our efforts to finalize our recently announced acquisition projects of PlusMobile and VuduMobile while we continue to be on the lookout for other potential acquisitions in this fast growing market”, said President and CEO of AtmanCo, Michel Guay.
The above data includes a summary of highlights. For further information, please consult the Corporation’s interim consolidated financial statement as well as the Management Report for the quarter ended June 30, 2017 at www.sedar.com
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements that reflect the Company’s current expectation regarding future events. There is a risk that expectations and forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on these forward-looking statements as they involve risks and uncertainties, which could make actual results differ materially from those projected herein and depend on a number of factors including, but not limited to, no history of profitability, future financing, intellectual property and patents, key personnel, competitive marketplace, technology obsolescence, share price volatility and other risks detailed from time to time in the Company’s filings. While AtmanCo anticipates that subsequent events and developments may cause its views to change, AtmanCo specifically disclaims any obligation to update these forward looking statements, unless obligated to do so by applicable securities laws.
Additional information regarding the Company are available on SEDAR www.sedar.com
The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT ATMANCO
AtmanCo (TSX VENTURE:ATW) is a leader in information technology in the telecom industry, owner of several web platforms including VoxTel, Québec Rencontres, Atman and Bloomed. VoxTel offers various interactive landline and mobile phone solutions, as well as carrier billing and SMS features. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
AtmanCo Inc.
Michel Guay
Founder, President and CEO
514.935.5959 ext. 301
mguay@atmanco.com
Simon Bedard, CA, CPA, CFA, MBA
CFO
514.935.5959 ext. 304
sbedard@atmanco.com
www.atmanco.com
- Published in Atmanco, Financial Technology, Mobile Technology, News Home, Technology
AtmanCo Announces Signature of a Letter of Intent for the Acquisition of PlusMobile
AtmanCo Announces Signature of a Letter of Intent for the Acquisition of PlusMobile
Momentum Public Relations
Press Release: August 14, 2017
MONTREAL, QUEBEC–(Marketwired – Aug. 14, 2017) – AtmanCo inc. (“AtmanCo” or the “Company”) (TSX VENTURE:ATW) announces today the signature of a letter of intent with the shareholders of PlusMo Group for the acquisition of all of the outstanding shares of PlusMobile LLC (“PlusMobile”) and all of its subsidiaries. PlusMobile is part of the PlusMo Group which is controlled by the Zipilivan family.
PlusMobile, founded in 2005, has its head office located in Buenos Aires (Argentina) with activities in Colombia, Uruguay, Mexico and Central America. PlusMobile offers premium products on mobile phones with carrier billing agreements in 6 countries of Latin America, including 9 direct connections and 16 indirect connections. PlusMobile’s quality contents offered include mobile apps in the business segments of education, kids, entertainment (games, sports, videos) as well as mobile marketing via SMS such as contests. PlusMobile’s products, licensed or in partnerships, include well-known brands such as Discovery from Discovery Channel. For their audited financial year ended December 31, 2016, PlusMobile’s sales were $US 4.7 million.
The agreement also includes the signature by AtmanCo of an exclusive distribution agreement in North America for the MovyPark Mobile Parking solution, an innovative and turnkey mobile application for parking space management already in in use in large cities in South America and owned by MovyPay, another business of PlusMo Group.
The letter of intent contemplates a purchase price of $US 2.5 million and is subject to certain adjustments. No commission is payable and no change of control will result.
“We are proud to come to an agreement with PlusMobile on this strategic acquisition that would allow us to expand the distribution network of our existing and future products by adding strategic carrier billing connections in Latin America in a fast growing carrier billing market. This geographic diversification will allow us to distribute their Spanish language products in new markets in America, notably in the United States. PlusMobile manages all over Latin America more than 1.2 million subscribers with a strong recurring business model which should to continue to build up our valuable database. Finally, this acquisition should allow us to improve the Company’s financial health and predictability and to consolidate further our leader position in the carrier billing,” said Michel Guay, President and CEO of AtmanCo.
The closing of this transaction between AtmanCo and PlusMobile, which are dealing at arm’s length, is conditional among other things on AtmanCo carrying out a satisfactory due diligence on PlusMobile, obtaining the signature of an exclusive distribution agreement for the MovyPark Mobile Parking, obtaining financing with size, terms & conditions to be determined and obtaining all necessary regulatory approvals. Closing of the transaction is expected on or about October 15, 2017.
Forward-Looking Statements Disclaimer
Certain statements in this press release may be forward-looking. Such statements include those with respect to the closing of the acquisition of PlusMobile, the closing date thereof, the potential effect of that acquisition on the Company, the Company’s ability to raise funds and the use of the proceeds raised thereunder. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Such assumptions, which may prove incorrect, include the following: (i) All of the conditions for the transaction will be met. In particular, AtmanCo will complete a satisfactory due diligence on PlusMobile’s operations, finances, legal condition, etc., (ii) AtmanCo and PlusMobile’s shareholders will successfully negotiate and enter into a purchase agreement and other documents relating to the transaction, (iii) AtmanCo will successfully obtain the necessary regulatory approvals for the acquisition of PlusMobile on commercially-acceptable terms, (iv) the acquisition of PlusMobile will allow AtmanCo to achieve the anticipated synergies, in particular with respect to PlusMobile’s clientele, products and geographic markets, (v) AtmanCo will be successful in its efforts to identify and secure investors for its financing and (vi) AtmanCo’s management will not identify and pursue other business objectives using the proceeds of the financing. Factors that could cause actual results to differ materially from expectations include (i) the discovery in the course of the due diligence of negative factors with respect to PlusMobile that would prevent AtmanCo from proceeding with the acquisition, (ii) the failure of the negotiations between the parties with respect to the final documentation, (iii) the Company’s inability to achieve the anticipated synergies for any reason, including the refusal of PlusMobile’s clients to refuse to acquire AtmanCo’s services or technical issues that prevent the integration of AtmanCo’s systems with those of PlusMobile, (iv) the Company’s inability to secure investors for its financing, (v) the Company’s inability to make effective use of the funds raised for its financing, (vi) the Company’s inability to obtain the necessary regulatory approvals for the acquisition or its financing, (vii) labour disputes or the materialization of similar risks, (viii) a deterioration in capital market conditions that prevents the Company from raising the funds it requires on a timely basis and (ix) generally, the Company’s inability to develop and implement a successful business plan for any reason. A description of other risks affecting AtmanCo’s business and activities appears under the heading “Risks Factors and Uncertainty” on pages 9 and 10 of AtmanCo’s 2016 annual management’s discussion and analysis, which is available on SEDAR at www.sedar.com.
No assurance can be given that any events anticipated by the forward-looking information in this press release will transpire or occur, or if any of them do so, what benefits that AtmanCo will derive therefrom. In particular, no assurance can be given as to the future financial performance of AtmanCo. AtmanCo disclaims any intention or obligation to update or revise any forward-looking statements in order to account for any new information or any other event, except as required under applicable law. The reader is warned against undue reliance on these forward-looking statements.
Additional information regarding the Company is available on SEDAR www.sedar.com
The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT ATMANCO
AtmanCo (TSX VENTURE:ATW) is a leader in information technology, owner of several web platforms including VoxTel, Québec Rencontres, Atman and Bloomed. VoxTel offers various interactive landline and mobile phone solutions, as well as carrier billing and SMS features. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. Atman and its APIs enable companies to optimize their human capital. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
SOURCE:
AtmanCo Inc.
Michel Guay, Founder, president and CEO
514.935.5959 ext. 301
mguay@atmanco.com
www.atmanco.com
Simon Bedard, CA, CPA, CFA, MBA
CFO
514.935.5959 ext. 304
sbedard@atmanco.com
AtmanCo Announces an Exclusive Licensing Agreement With Xpand Marketing to Commercialize MyFlex in Canada and Europe
AtmanCo Announces an Exclusive Licensing Agreement With Xpand Marketing to Commercialize MyFlex in Canada and Europe
Momentum Public Relations
Press Release: July 12, 2017
MONTREAL, QUEBEC–(Marketwired – July 12, 2017) – AtmanCo Inc. (“AtmanCo” or the “Company”) (TSX VENTURE:ATW) has signed a three year strategic agreement with XPAND MARKETING INC. (« XPAND MARKETING ») for the licensing rights of MYFLEXAPP in Canada and in Europe and expanding into other markets with respect to licensing rights, for the launch and distribution of a new technology revolutionizing the telecommunications industry with access to a Private Global Network providing multiple lines capacity to any smartphone, including American local lines, that pulverizes long distance fees for phone users around the world.
XPAND MARKETING wishes to introduce its application to Canadian and European consumers and to expand its Private Global Network by eliminating the telecommunications borders to allow the greatest number of people to access local to local telephone communications throughout North America and, soon, all across the world, breaking up all boundaries.
“We are pleased to enter into this exclusivity agreement that will enable AtmanCo’s subsidiary VoxTel to continue its expansion into the telecommunications and DRTV industries utilizing its telephone billing expertise. The telecommunication industry is shifting, operators in all markets have started eliminating roaming charges and they will consequently focus on their long distance revenues. MyFlexAPP technology will offer people a unique and revolutionary solution to reduce these costs by allowing Canadians to call the USA on their mobile phones as if they were calling locally and this, regardless of their respective phone carriers.” said Michel Guay, President and CEO of AtmanCo.
“We are delighted with this agreement with AtmanCo. VoxTel, its subsidiary, offers attractive marketing solutions for the direct to consumer market we are targeting”, said Kenny Trattner, founder and president of XPAND MARKETING. “We are very excited about our entry into the DRTV industry with this deal in a related and complementary market to our US network which will open the doors to many other territories in Europe.” added Kenny Trattner.
Additional information regarding the Company are available on SEDAR www.sedar.com
The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.
ABOUT XPAND MARKETING
Whereas XPAND owns the full distribution rights to MYFLEX App technology, a revolutionary and disruptive communication application that is transforming the global communications landscape – leveraging trillions of dollars of embedded infrastructure to provide the highest quality voice and text communications at a fraction of the cost of existing providers.
Whereas the proprietary platform delivers carrier grade quality (not VOIP) while enabling the use of multiple phone numbers on a single device (smart phone), regardless of who the provider or the carrier is for the phones “native” number.
ABOUT ATMANCO
AtmanCo (TSX VENTURE:ATW) is a leader in information technology, owner of several web platforms including Atman, Québec Rencontres, VoxTel and Bloomed. Atman and its APIs enable companies to optimize their human capital. Quebec Rencontres is a web and mobile social network application catered to building serious and sustainable relationships. VoxTel offers various interactive landline and mobile phone solutions, as well as carrier billing and SMS features. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors, which is developed for marketing agencies and their campaigns for the consumer and corporate markets.
CONTACT INFORMATION
-
AtmanCo Inc.
Michel Guay
Founder, president and CEO
514.935.5959 ext. 301
mguay@atmanco.comSimon Bedard, CA, CPA, CFA, MBA
CFO
514.935.5959 ext. 304
sbedard@atmanco.com
www.atmanco.com
- Published in Atmanco, News Home, Technology
AtmanCo in Pursuit of Marketing’s Holy Grail – Smart Data
June 6, 2017 / TheNewswire / MONTREAL, QUEBEC – Momentum PR client, AtmanCo Inc is listed on the TSX Venture Exchange under the symbol ATW
Momentum PR is pleased to have produced an informative and comprehensive report on AtmanCo available on the Momentum PR LinkedIn page.
Atmanco Highlights:
– Q1 2017 AtmanCo posted revenues of $2,727K compared to $246K in Q1 quarter of 2016, a Year on Year (YoY) increase of $2,481K.
– 2016 revenues jump 298{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} YoY with similar predicted YoY growth for 2017.
– Carrier-billing market predicted to hit US$24.7 billion in 2019, nearly doubling over 5 years.
– Board of Directors include Quebec Inc. Heavyweights.
– Pipeline of strategic acquisitions providing potential for rapid expansion.
Montreal-based psychometric test provider AtmanCo is on an ambitious mission to transform itself into a robust business, generating $100 million annually in revenues within the next three years.
In 2016, AtmanCo surprised the market by purchasing telecommunications service provider VoxTel for $2.4 million. VoxTel is in the carrier billing business. The VoxTel purchase pushed AtmanCo’s 2016 revenues up by 298{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $3.4 million, against 2015 revenues of $0.8 million. A 2015 report by research house Ovum forecasted carrier billing would generate US$24.7 billion in 2019, up from US$14.5 billion in 2014.
As of March 31, 2017 AtmanCo’s order books totalled $8.9 million, against $0.8 million a year earlier. AtmanCo is on the march.
At first glance the company looks like an odd couple. A psychometric testing company married to a telecommunications company. However, beneath the surface lie a host of synergies. The synergies are so powerful, that a cluster of Quebec Inc.’s most successful entrepreneurs have joined its board of directors: CGI co-founder Andre Imbeau as well as Renaud Caron, who along with being a CGI vice-president has also served as a deputy minister in both the Quebec and Canadian governments.
While AtmanCo’s bread and butter lies in providing HR solutions in terms of hiring and office compatibility, it has its eyes on marketing’s holy grail: smart data. AtmanCo’s end game is the accumulation and eventual selling of smart data through the powerful data generated by all the personality tests completed. The in-depth information that marketing agencies utilize to advise clients from what products are going to sell to which specific demographics, is what AtmanCo is curating to offer.
AtmanCo bought VoxTel mainly because it owned Quebec Rencontres, a dating service that AtmanCo supplied with personal compatibility tests. AtmanCo felt that VoxTel wasn’t developing the dating service optimally and bought the company, thereby providing it with its own testing platform and marketing strategy, then replicate the model outside the province of Quebec
Besides the promising growing markets of carrier billing and online dating in which VoxTel operates, AtmanCo invested in VoxTel salesforce to develop further business opportunities in the interactive voting and SMS solutions by using their existing solutions.
Along with revenue driver VoxTel, the Company has also brokered deals that will see the B2C version of its renowned psychometric test marketed through MTVU in May of this year. MTVU is directly linked to University campuses in the United States – with exposure to more than 3 million students – and reaches an audience of 11 million people through their MTVU channel by using its Bloomed.com API. Bloomed.com is a promising website in evolution offering the Atman test to the general public.
The most popular question on Reddit.com (200M monthly active users) in September 2015 was:
“Where can I find interesting tests to find out more about myself”
Once the results of 20 million (or so) personality tests are in the bag, AtmanCo will have reached the threshold it deems fit to be worthy of its Holy Grail.
Moreover, as part of the growth strategy, AtmanCo would continue to pursue closing of strategic acquisitions in its markets.
If you would like more information on AtmanCo Inc listed on the TSX Venture Exchange under the symbol ATW, or would like to arrange an interview with management please contact:
Momentum PR
Juliette Benard, Director Media Relations
- Published in Atmanco, News Home, Technology
Momentum Reports – AtmanCo Inc TSX-V:ATW – May 2017
Momentum Reports – AtmanCo Inc TSX-V:ATW – May 2017
[pdf-embedder url=”https://momentumpr.com/wp-content/uploads/2017/05/MomentumReports-AtmanCo1.pdf”]
- 1
- 2