MOBI724 Global Solutions Inc. Announces its Intention to Apply to List its Shares on the TSXV
MOBI724 Global Solutions Inc. Announces its Intention to Apply to List its Shares on the TSXV
Momentum Public Relations
Press Release: July 25, 2017
MONTREAL, QUEBEC–(Marketwired – July 25, 2017) – MOBI724 Global Solutions Inc. (“MOBI724” or the “Company“) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces its intention to apply immediatly to list its shares on the Toronto Stock Venture Exchange (TSXV).
“During our funding efforts in the first quarter of 2017, many of our investors requested that the Company list its shares on the TSXV. As announced last Friday, that the Company had filed and received a receipt for its final short form prospectus. The completion of this very important step shows that the Board of Directors and the management of the Company continue to take steps towards the eventual attainment of this milestone.” Says Marcel Vienneau, CEO MOBI724.
About MOBI724 Global Solutions
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc. Announces Filing and Receipt for Final Short Form Prospectus
MOBI724 Global Solutions Inc. Announces Filing and Receipt for Final Short Form Prospectus
Momentum Public Relations
Press Release: July 21, 2017
MONTREAL, QUEBEC–(Marketwired – July 21, 2017) – MOBI724 Global Solutions Inc. (“MOBI724” or the “Company“) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that yesterday it filed and received a receipt for its final prospectus qualifying the 29,538,203 common shares of the Company (“Common Shares“) and 14,769,101 Common Share purchase warrants (“Purchase Warrants“) issuable upon the exercise of the 29,538,203 special warrants (“Special Warrants“) previously issued by MOBI724 on April 21, 2017, at a price of $0.35 per Special Warrant, for aggregate gross proceeds of $10,338,371.05. As a result, the Special Warrants will automatically be exercised in accordance with their terms and the underlying Common Shares and Warrants will be issued to the holders of the Special Warrants.
For more information, please visit www.mobi724globalsolutions.com.
About MOBI724 Global Solutions
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
Momentum Public Relations
Press Release: July 20, 2017
MONTREAL, QUEBEC–(Marketwired – July 20, 2017) – Mobi724 Global Solutions Inc. (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a Fintech leader offering integrated EMV payment, card-linked offers and digital marketing, via its subsidiary Mobi724 Asia Inc., announces that its transaction switch host has completed the System Integration Certification (“SIT”) with the local debit EMV schemes in the Philippines. This first certification step successfully confirmed the host connectivity, security, EMV transaction capability and settlement of MOBI724’s solution. This is the first step of a complete process involving MOBI724’s technology. Subsequent steps, which are normally completed in days, are expected to commence next week and will involve a third-party Point-of-Sale (“POS”) provider. The certification is on behalf of local clients in the Philippines who will use MOBI724 solutions to roll out a full EMV solution.
“Today we are proud to confirm our ability to process EMV transactions via our transaction switch host. This certification also confirms the flexibility of our solutions as they can be adapted so as to process local debit transactions in foreign markets” says Marcel Vienneau, CEO, Mobi724. “The next certification step is expected to commence next week with a POS manufacturer. Once completed, we will deploy our EMV end-to-end hosted solution in the Philippines with existing clients that require this certification.”
About Mobi724 Global Solutions
Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. Mobi724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724.com
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
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
The Fountain of Youth May Be Just Around the Corner In Vancouver
The Fountain of Youth May Be Just Around the Corner In Vancouver
Sirona Biochem makes safer and more effective cosmeceuticals
Vancouver-based Sirona Biochem is on track to crack the global market for skin lightening products, a market that has been predicted by Global Industry Analysts to hit US$23 billion by 2020. If that isn’t enough the company is also developing a product designed to forestall facial aging. Zion Market Research pegs the global anti-aging market at US$216.52 billion by 2021. The Company’s skin lightening products are far safer and far more effective than those which are currently on the market.
In hindsight it is not that surprising that Vancouver is becoming a hotbed of discovery when it comes to turning back the ravages of time. Botox as we know it today for the cosmetics industry, after all, was popularized in Vancouver by the husband and wife team of ophthalmologist Jean Carruthers and dermatologist Alistair Carruthers. They discovered that a toxin named botox helped eradicate the lines and wrinkles caused by aging.
Sirona Biochem Corp. (TSX-V:SBM) is a discovery and development stage biochem company that has developed a proprietary way to treat carbohydrate molecules using fluorination chemistry. This process prevents molecules from breaking down when exposed to enzymes. This now opens the door to developing a new field of therapeutics.
The company also has an anti-aging product based on synthesizing the glycoprotein found in the blood serum of Antarctic water fish and is currently in the testing and validation stage. The glycoprotein helps preserve the fish and its cells from the freezing water. When applied to humans, it helps prevent skin cells from dying, and also protects them from the harsh glare of ultra-violet radiation.
The good news for Sirona, however, doesn’t stop there. The company believes their stabilized carbohydrate molecules have applications in the treatment of cancer, pain, diabetes and inflammation. Sirona has developed an SGLT2 inhibitor as a Type 2 Diabetes treatment. Research and consulting firm Global Data has predicted that the global type 2 diabetes market will almost double from US$31.2 billion in 2015 to US58.7 billion by 2025.
SGLT2 inhibitors are a recent development in the fight against Type 2 diabetes. Most traditional diabetes treatments work by controlling insulin production or regulating blood sugar levels. SGLT2 inhibitors work by acting in the kidneys to reduce the reabsorption of glucose into the bloodstream.
Sirona’s strategy is to do the basic discovery and development work on a given product, and then to license the technique or joint venture it for commercialization, marketing and distribution. In 2014 the company signed a licensing agreement with Wanbang Biopharmaceuticals for the Chinese market. Wanbang will develop and commercialize Sirona’s SGLT2 inhibitor exclusively in the People’s Republic of China. The company also has a licensing agreement with Obagi Medical Products for a skin lightening agent.
Sirona Biochem was founded in 2009 by CEO Dr. Howard Verrico. The first thing Verrico did was to acquire the exclusive global license from TFChem for its proprietary SGLT2 Inhibitor. TFChem is based in Rouen, France. Verrico thought enough of TFChem’s research that he then went on to acquire TFChem as a wholly-owned subsidiary from its founder Dr. Geraldine Deliencourt-Godefroy. She then became Sirona’s Chief Science Officer and largest shareholder. TFChem now acts as Sirona’s research and development laboratory. A respected scientist, Deliencourt-Godefroy has also received a variety of honours in France including the acclaimed Francinov Research and Innovation Medal, the French Ministry of Research Award and the French Senate Award.
The company sees the cosmetic and cosmeceutical industry as its first major market penetration target for two important reasons. The first is that, as noted above, the financial reward for creating a fountain of youth will be immense. Secondly, the amount of regulatory testing for cosmetics is miniscule when compared to that involved in the pharmaceutical industry. The company intends to use the cash flow created by its anti-aging platform and skin colour lightening products, to finance the creation of more traditionally flavoured therapies for things like cell preservation and anti-inflammatories.
The company’s development focus is based on three high-return fields of discovery and development:
- Therapeutics: diabetes, anti-inflammatories and anti-infectives
- Cosmeceuticals: anti-aging and depigmenting agents
- Biological Ingredients: inducers and adjuvants for biological development and preservation.
With an SLGT2 inhibitor in the pre-clinical stage and four cosmetic products in the testing and validation phase, the company has received revenues and will continue to do so in the future from Wanbang for its SLGT2 inhibitor. Sirona also receives revenue from Obagi Medical products for a skin lightener, one of three skin lightening agents under development. It is also working on an acne treatment, an anti-inflammatory and an anti-infective.
Much of Sirona’s work is ground-breaking. Stabilizing carbohydrate molecules opens up new fields for therapeutic interventions and may rejuvenate older treatments which became stalled. Synthesizing the glycoprotein found in the blood serum of Antarctic fish may produce a product that slows down the aging of skin. One way to illustrate its potential value is that when TFChem first synthesized the glycoprotein, cosmetic giant L’Oreal Group, the world’s largest cosmetics company slapped a field-of-use patent on it. As it turns out the first synthesis was not stable, but the later ones were, and L’Oreal was out of luck.
While Sirona is concentrating on developing cosmetic products, it hasn’t neglected the medical side of things. The company has a pipeline of products that are heading towards the market. The anti-aging compound is now in the testing and validation phase.
The company has a 52-week high of $0.20 and a 52-week low of $0.12. As of June 16, 2017, it was trading at $0.17. And if you were wondering, Sirona is the name of the Celtic goddess of healing.
- Published in Bio technology, Blog, Sirona Biochem, Technology
MOBI724 Global Solutions Inc. Welcomes Two Veterans to its Senior Executive Management Team to accelerate growth in the USA and secure deliveries in our markets
MOBI724 Global Solutions Inc. Welcomes Two Veterans to its Senior Executive Management Team to accelerate growth in the USA and secure deliveries in our markets
Momentum Public Relations
Press Release: June 19, 2017
MONTREAL, QUEBEC–(Marketwired – June 19, 2017) – MOBI724 Global Solutions Inc. (MOBI724) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a FinTech leader offering integrated EMV payment, Card-Linked Offers and Digital Marketing, today announced that Michael Schuck had joined the company as Chief Sales Officer (CSO) and Johnny Hawa has taken the position as Chief Operating Officer (COO).
Michael Schuck has more than 30 years of experience in banking and financial services. Most recently, Mr. Schuck was President of Omnico Solutions, a consulting company representing innovative companies in the financial services industry. Previously, Michael spent 16 years with MBNA as a Senior Executive Vice President and member of their Senior Operating Committee where he held numerous senior level positions including Head of Sales and Head of Financial Institutions (white labelling of credit cards for over 2000 Banks and Credit Unions). Earlier in his career, he worked at both Avon Products and Investors Retirement and Management Corporation, an investment firm. Michael has held a number of financial services licenses and holds both a BBA (Accounting) and an MBA (Finance) from Iona College in New Rochelle, New York.
Johnny Hawa, Co-founder of MOBI724 Solutions (Couponing) has more than 25 years of experience in setting up organizations focused on sales and delivery. Mr Hawa is a natural & successful entrepreneur backed by a solid 16 years career in Ericsson starting in Montreal where he serviced the American and Asian markets, followed by Spain to service Europe, the Middle East and Africa and finally out of Argentina to cover Latin America. Johnny has been responsible for several successful platform deployments during the rollout of the prepaid, IN and multimedia solutions in Asia, EMEA and Latam as part of the large Telecom networks rollout projects. His last mandate in Ericsson was to head the Multimedia & Systems Integration sales for Latin America. Mr. Hawa has a long track record in delivering quality solutions and services to the customers. For the past 5 years Mr Hawa has been MOBI724’s VP for Latam and Head of Operations in the same region securing the initial rollout of MOBI724’s solutions in that region and ensuring a high level of customer satisfaction. Johnny is a Computers and Communications Engineer, with an MSc. in Telecom from the INRS-Université du Quebec.
“We are delighted to welcome both Michael and Johnny to MOBI724’s senior executive management team,” says Marcel Vienneau, CEO, MOBI724. “Our company is in the midst of significant growth and in order to optimally manage these opportunities and projects, we need to reassign and recruit exceptionally talented and dedicated individuals. Our ability to attract and retain such capable individuals is also a testament to the strength of our business model and the completeness of our vision. On behalf of the MOBI724 team, I would like to congratulate Johnny for his new assignment and offer Michael a very warm welcome.”
About MOBI724
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
CEO
1-514-394-5200 x 413
www.MOBI724.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
Internet of Things Inc. Signs Letter of Intent to Acquire Weather Telematics Inc.
Internet of Things Inc. Signs Letter of Intent to Acquire Weather Telematics Inc.
An Emerging Global Leader in AI & Autonomous Vehicle Solutions
Momentum Public Relations
Press Release: June 15, 2017
TORONTO, ON–(Marketwired – June 15, 2017) – Internet of Things Inc. (TSX VENTURE: ITT) (OTC: INOTF)(FRANKFURT: 71T) (“ITT Inc.” or the “Company“) is pleased to announce it has signed a Letter of Intent (“LOI”) to acquire Ottawa, Canada-based Weather Telematics Inc. (“WTX Inc.” or “Weather Telematics“) through its IoT Labs Inc. subsidiary. WTX Inc. is an emerging global leader in predictive artificial intelligence and in autonomous vehicle solutions. Weather Telematics is at the forefront of the explosive growth opportunity presented by the combination of Artificial Intelligence (AI) and the rapidly expanding Autonomous Vehicle market. The market size for AI systems for smart transportation is projected to be US$220 Billion by 2021, and US$87 billion by 2030 for Autonomous Vehicle Systems, according to Markets and Markets. WTX Inc.’s products have established market viability, are generating revenue, and the company is on track to deliver positive earnings in 2018.
Currently, Weather Telematics uses a proprietary vehicle-mounted mobile IoT sensor network and AI machine learning system to generate real-time and predictive road weather conditions, road hazard risk alert notifications and dynamic routing applications.
The combination of WTX Inc.’s IoT sensor network and AI platform, is also applicable in various industrial IoT solutions that ITT Inc. is targeting, including but not limited to: measuring and monitoring factory air quality; optimizing the supply chain; logistics and asset tracking. Weather Telematics’ specialized and proprietary sensor design capabilities can be developed for custom chemical and optical solutions for the energy; manufacturing; aerospace and agricultural sectors.
Going forward, ITT Inc. plans to expand the capabilities of WTX Inc.’s technology and use its advanced sensor and predictive analytics capabilities for its key industrial IoT markets. In addition, Weather Telematics’ proprietary AI platform combined with their sensor technology provides real-time and predictive data analytics capabilities, that can be modified for multiple industrial IoT applications for North America and abroad.
WTX Inc. currently has multi-year contracts with several organizations including:
- United States National Weather Service;
- a global Tier One auto manufacturer; and
- Geotab, amongst others customers.
In addition, the Company was recently selected by:
- Michelin as one of ten North American companies to showcase at the global Movin’ On Mobility Conference (June 13-15, 2017);
- TechStars as one of 50 emerging connected and autonomous mobility companies to showcase at the Detroit Auto Show (NAIAS AutoMobili-D), (January 2017).
“We are excited to launch a new era of growth for WTX with Internet of Things Inc.”, said Robert Moran, CEO of WTX Inc. “ITT Inc.’s vision to maximize the opportunities presented by the emerging IoT marketplace closely aligns with our strategy to apply predictive data and IoT sensor networks, to solve some of the global challenges facing the transportation, insurance and weather sectors. The deal makes sense for both parties to combine our strengths to accelerate adoption of AI and IoT in addition to expanding our reach into China through ITT Inc.’s JV with New Hope”.
“We are impressed by the team behind WTX, their solution offerings, and the acceptance and orders that they have secured from leading edge global automotive, insurance and navigation companies. We are looking forward to working together to grow and expand WTX’s platform from the autonomous vehicle to the industrial IoT markets in North America and internationally including China through our New Hope JV” said Michael Frank, CEO of ITT Inc.
The consideration for the acquisition of WTX Inc. is CAD$3.0 million in cash, shares and assumption of debt. It is anticipated that ITT Inc. will close the acquisition of WTX Inc. within the next 90 days.
The transaction is subject to completion of ITT’s due diligence and board approval from both ITT Inc. and WTX Inc. along with TSX Venture Exchange approval.
About Weather Telematics Inc.
Founded in 2010, WTX Inc. is a Canadian-based, global IoT data science company offering road safety data products for industrial, government and consumer markets. WTX Inc. uses a proprietary vehicle-mounted mobile IoT sensor network and AI machine learning system to generate real-time and predictive Road Weather Conditions, Road Hazard Risk Alert Notifications and Dynamic Routing applications. The WTX Inc. platform mitigates weather risk, reduces traffic congestion and makes connected and autonomous navigation safer in all types of road conditions.
To learn more, visit: www.weathertelematics.com
Follow Weather Telematics on:
Twitter: https://twitter.com/weathertx
About Internet of Things Inc.
Internet of Things Inc. (www.iotintl.com) is an Internet of Things (IoT) software and solutions provider. The company acquires and implements strategic and disruptive technology solutions targeting the industrial IoT markets, including manufacturing, energy management, agriculture, transportation, cybersecurity, e-commerce and fintech. ITT Inc. has a joint venture partnership with New Hope Data Technology Co., Ltd. for China and has its headquarters in Toronto, Canada.
Follow Internet of Things Inc. On:
Facebook: https://www.facebook.com/InternetofThingsInc/
Twitter: https://twitter.com/iotintl
LinkedIn: https://www.linkedin.com/company/internet-of-things-inc-
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information, includes, but is not limited to, the relationship between Company and New Hope, the parties entering into definitive agreements with regard to the joint venture, the use of the Company and the joint venture within the New Hope’s manufacturing processes and projected revenue and income of the joint venture. While such forward-looking statements are expressed by the Company, as stated in this release, in good faith and believed by the Company to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties. The Company does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investors’ own risk.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
For further information, contact:
Internet of Things Inc.
Michael Frank
President & CEO
Tel: (416) 677-9277
Email: mfrank@iotintl.com
To learn more, visit: www.iotintl.com
- Published in Internet of Things Inc, News Home, Technology
Internet of Things Inc. Subsidiary IOT Labs Inc. Expands Its Reach
Internet of Things Inc. Subsidiary IOT Labs Inc. Expands Its Reach
Subsidiary to Expand Focus to Include Machine Learning and Autonomous Vehicle Solutions
Momentum Public Relations
Press Release: June 7, 2017
TORONTO, ON–(Marketwired – June 07, 2017) – Internet of Things Inc. (TSX VENTURE: ITT) (OTC: INOTF)(FRANKFURT: 71T) (“ITT Inc.” or the “Company“) is pleased to announce that its subsidiary, IOT Labs Inc. is expanding its focus to include machine learning and autonomous vehicle solutions. Iot Labs Inc. is currently working on the licensing and/or acquisition of commercially viable solutions to enhance the Company’s position and presence in the domestic North American markets.
Currently, there are 1.4 billion cars on the road worldwide, and according to a recent ReportBuyer Report1, in 2016, there was an estimated 2.73 million vehicles (passenger cars and commercial vehicles) equipped with level 2 autonomous systems (partial automation). Autonomous systems are ranked from level 1 through 5, with 5 being fully autonomous.
Fully autonomous vehicles do not rely on driver’s input, but rather analyze the surrounding data and plan the further movement trajectory of the vehicle. The data is collected by components such as cameras, radars, and a variety of sensors.
According to PWC2, the global market for automated driver assistance systems, which includes sensors, artificial intelligence and machine learning, is estimate to reach US$60 Billion by 2020.
“We are very excited about developments in the autonomous vehicle marketplace and we see a convergence with the industrial IoT sector. They both rely on remote sensors, artificial intelligence, and machine learning to enhance productivity, reliability and improve safety,” said Michael Frank, President & CEO of ITT Inc.
About Internet of Things Inc.
Internet of Things Inc. (www.iotintl.com) is an Internet of Things (IoT) software and solutions provider. The company acquires and implements strategic and disruptive technology solutions targeting the industrial IoT markets, including manufacturing, energy management, agriculture, transportation, social, cybersecurity, e-commerce and fintech. ITT has its headquarters in Toronto, Canada.
Follow Internet of Things Inc. On:
Facebook: https://www.facebook.com/InternetofThingsInc/
Twitter: https://twitter.com/iotintl
LinkedIn: https://www.linkedin.com/company/internet-of-things-inc-
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information, includes, but is not limited to, the relationship between Company and New Hope, the parties entering into definitive agreements with regard to the joint venture, the use of the Company and the joint venture within the New Hope’s manufacturing processes and projected revenue and income of the joint venture. While such forward-looking statements are expressed by the Company, as stated in this release, in good faith and believed by the Company to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties. The Company does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investors’ own risk.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
For further information, contact:
Internet of Things Inc.
Michael Frank
President & CEO
Tel: (416) 677-9277
Email: mfrank@iotintl.com
To learn more, visit: www.iotintl.com
- Published in Internet of Things Inc, 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
Sirona Biochem Closes Convertible Note Financing
Sirona Biochem Closes Convertible Note Financing
Momentum Public Relations
Press Release: June 5, 2017
VANCOUVER, BC–(Marketwired – June 05, 2017) – Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB)(XETRA: ZSB) is pleased to announce that it has closed the non-brokered private placement (the “Private Placement”) of convertible notes (“Notes”). The financing was oversubscribed, resulting in gross proceeds of $587,000. Each Note is convertible at the option of the holder into one common share of the company at a conversion price of $0.18 per share.
The Notes will mature in 18 months from the date of issuance and bear interest at the rate of 12{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per annum, payable quarterly, until the Notes are converted or repaid. The company will be entitled to repay the principal amount of the Notes, together with accrued and unpaid interest, at any time commencing four months after the date of issuance, subject to giving the holders prior notice thereof to permit holders to convert during the notice period.
All securities issued in connection with the private placement will be subject to a statutory hold period expiring on October 5, 2017.
About Sirona Biochem Corp.
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.
Sirona’s compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and ongoing royalty payments. Sirona’s laboratory, TFChem, is located in France and is the recipient of multiple French national scientific awards and European Union and French government grants. For more information, please visit www.sironabiochem.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sirona Biochem cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, Sirona Biochem’s forward-looking statements due to the risks and uncertainties inherent in Sirona Biochem’s business including, without limitation, statements about: a third party potential licensees of TFC-1067 may not deliver a term sheet to the company in Q1 2017 or at all; the company may not be able to negotiate a license agreement with a potential licensees of TFC-1067 on terms acceptable to Sirona Biochem; the progress and timing of its clinical trials are uncertain; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing products; unexpected adverse side effects or inadequate therapeutic efficacy of the company’s or licensed products that could delay or prevent product development or commercialization; the scope and validity of patent protection for the company’s or licensed products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. Sirona Biochem does not assume any obligation to update any forward-looking statements except as required by law.
For more information regarding this press release, please contact:
Christopher Hopton
CFO
Sirona Biochem Corp.
Phone: 1.604.282.6064
Email: chopton@sironabiochem.com
- Published in Bio technology, News Home, Sirona Biochem, Technology