#Tech News: Gopher (OTCQB:
$GOPH) Expands Partnership in the Americas Financial Services and Wireless Mesh
Network Potential Business Growth
Gopher and GBT Conclude Mutual Investment Share
Exchange, Start Plans for Expansion of Revenues in the Americas
Santa
Monica, CA - June 27, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH)
("Gopher", or "the Company"), a company specializing in the
development of Internet of Things (IoT) and Artificial Intelligence (AI)
enabled networking and tracking technologies, including its GopherInsight™
global mesh network technology platform for both mobile and fixed solutions,
announced that it has closed an agreement with Genesis Blockchain Technologies
("GBT") - http://gbttechnologies.com/. GBT is in the
business of the strategic management of BPO (Business Process Outsourcing)
digital communications processing for enterprises and startups; distributed
ledger technology development, AI development and fintech software development
and applications.
Both
companies will be working on plans to potentially expand the services and
geographic coverage of their financial services. Gopher currently addresses the
United States market through its ECS Prepaid terminals and software in roughly
more than 9,000 retail locations. Working with GBT, Gopher is planning to
enhance its offerings and potentially address new growing vertical and
geographic markets.
Building
on Gopher's wireless mesh network technology and GBT software development
abilities, the companies intend, as business partners, to pursue new markets
such as government work - military, fire, rescue - and air- and space-based
systems for drones, aircraft and LEO (Low Earth Orbit) satellites, potentially
forming a high-performance global wireless mesh network.
Read this in full
at https://www.investorideas.com/CO/GOPH/news/2019/06271ExpandsPartnership.asp
"In
light of the difficulties the Company faces those days, as routinely reported
in our SEC filings, this is potentially a great step forward for Gopher to be
able to expand its financial services business, which generated over $50
million in revenue in 2018, into new vertical and geographic markets while
using our own technology" said Doug Davis, Gopher's Chief Executive
Officer. "GBT can be an amazing partner that can give us access to broader
technologies and markets, especially in Latin America, and a development team
to enhance our own resources." Further Mr. Davis added: "Again,
please note to rely on Information Only Provided by the Company - Gopher
Protocol Inc. The Company is pleased to address any verification of public
material through this designated email address: info@gopherprotocol.com."
"I
know Gopher is in stormy waters these days and who knows what the future
holds," said Pablo Gonzalez, GBT's founder and CEO. "But I am also
very familiar with Gopher's technology, I have been in touch with Gopher for
more than a year. I was a guest and presenter at their board summit last year;
their executives were with us in Canada at conference we sponsored; I spent
days and nights with their CTO Dr. Danny Rittman - so I am very confident of
these words: this is amazing technology, period!" added Mr. Gonzalez.
About Gopher Protocol Inc.
Gopher
Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a
development-stage company which considers itself a native IoT creator,
developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled
mobile technology platforms. Gopher has a portfolio of Intellectual Property
that, when commercialized, will include smart microchips, mobile and security
applications and protocols, and supporting cloud software. Gopher's system
envisions the creation of a global mesh network. The core of the system will be
its advanced microchip technology that can be installed in any mobile or fixed
device worldwide. Gopher envisions this system as a low-cost, secure, private mesh
network between any enabled devices, providing shared processing, advanced
mobile database management/sharing and enhanced mobile features as an
alternative to traditional carrier services.
About GBT TECHNOLOGIES, S.A.
GBT
Technologies, S.A., a private Costa Rican corporation (GBT -
http://gbttechnologies.com/) is a development-stage company in the business of
the strategic management of BPO (Business Process Outsourcing) digital communications
processing for enterprises and startups; distributed ledger technology
development, AI development and fintech software development and applications.
https://aggregator.genesisexchange.io/ (Beta Version)
Forward-Looking
Statements
Certain
statements contained in this press release may constitute "forward-looking
statements". Forward-looking statements provide current expectations of
future events based on certain assumptions and include any statement that does
not directly relate to any historical or current fact. Actual results may
differ materially from those indicated by such forward-looking statements as a
result of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website
(http://www.sec.gov). In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general factors
including (without limitation) general industry and market conditions and
growth rates, economic conditions, governmental and public policy changes, the
Company's ability to raise capital on acceptable terms, if at all, the
Company's successful development of its products and the integration into its
existing products and the commercial acceptance of the Company's products. The
forward-looking statements included in this press release represent the
Company's views as of the date of this press release and these views could
change. However, while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically disclaims any
obligation to do so. These forward-looking statements should not be relied upon
as representing the Company's views as of any date subsequent to the date of
the press release.
Contact:
SOURCE:
Gopher Protocol Inc.
Gopher Protocol,
Inc. (OTCQB:GOPH) is a featured tech stock on
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