#Telecommunications #Stocks in the News: iQSTEL's (OTC: $IQST)
Subsidiary IoT Labs MX Adds GSM Network and #GPS Tracking Support to the New
Generation of #IoT Smart Gas Field Devices; @IQstel
NEW YORK, NY - 5/28/2020 - (Investorideas.com Newswire )- Breaking Tech/IoT News iQSTEL Inc. (OTC: IQST), a leading-edge 21st Century Enhanced
Telecommunications Service Provider, is pleased to announce IoT Labs MX www.iotlabs.mx , a subsidiary, has completed the circuit board upgrades
for the new generation of the IoT (Internet of Things) Smart Gas field devices.
Read this news
featuring IQST in full at https://www.investorideas.com/news/2020/technology/05281IQST-IoTLabsMX.asp
The original IoT Smart Gas platform
was limited to the Sigfox communications infrastructure for IoT devices. Our
in-house development team has completed the communications board upgrade for
the new generation of IoT Smart Gas field devices, allowing for GSM network
communications, expanding the potential usage locations of the IoT Smart Gas
platform. In addition, we have incorporated Geo-location using standard GPS
systems.
All components of the IoT Smart Gas
platform, IoT field devices, core server software, as well as the end–user
mobile application, have been updated to support the new and improved
generation of field devices.
Mr. Iglesias commented: “This latest
upgrades to the IoT Smart Gas platform transform the fixed location system,
limited to Sigfox network locations, to the much broader GSM network coverage
with the added ability of GPS tracking. Our systems now allow the IoT Smart Gas
platform to be used in: ships, trucks, buses and other non-fixed gas
installations.”
“The new generation of IoT Smart Gas
Platform can be customized for use with virtually any gas or liquid, regardless
of pressure or temperature. If the product is in a vessel, a fixed location or
a mobile location, and has to be refilled by trunks, ships or by pipeline, IoT
Smart Gas can save time and money while reducing the human exposure in the
refilling process, a valuable aspect to be consider in the “new reality” after
COVID-19”, add Mr. Francisco Bunt, CEO of IoT Labs MX.
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com is a is
a US-based publicly listed company offering leading-edge 21st Century
Enhanced Telecommunications Services with a focus on a wide range of
cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate,
enterprise, as well as the retail market. iQSTEL through its subsidiaries
Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform,
itsBchain offers a "one-stop-shopping” for international and domestic VoIP
services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing,
Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G
international infrastructure connectivity, as well as blockchain-based
platforms: Mobile Number Portability Application (MNPA) and Settlement &
Payments Marketplace for VoIP, SMS and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com
is wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami,
Florida-based international telecom carrier founded in 2008 that provides
telecom and technology solutions worldwide, with commercial presence in North
America, Latin America, and Europe. Enabled by its 214-license granted by the
Federal Communications Commission (FCC), Etelix provides International
Long-Distance voice services for Telecommunications Operators (ILD Wholesale),
and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was
founded in 2008 and has been profitable since inception.
About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink
Carrier AG is a Switzerland based international Telecommunications Carrier
founded in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a
Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing
their international Carrier Customers direct terminations via SwissLink into
all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone
in November 2018 and the rename into SwissLink, they operate on a profitable
level.
About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company founded in 2020 specialized
in international and domestic SMS termination, with emphasis on the
Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier
Market and Corporate Market in US. QGlobal SMS has commercial presence in Europe, USA and Latin America. QGlobal SMS has robust
international interconnection with Tier1 SMS Aggregators, guarantying its
customers high quality and low termination rates, over more than 100 countries
worldwide.
About IoT Labs MX SAPI:
IoT Labs MX SAPI www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an
Internet of Things (IoT) Mexican technology development company, creator of the
“IoT Smart Gas” Platform and Application. The IoT Smart Gas platform consists
of an IoT field device installed on the LP gas tank (adaptable to virtually any
gas or liquid storage tank) and, thanks to the Internet of Things (IoT)
technology via Sigfox or GSM network connectivity, allows remote managed and
improved logistic processes of refilling, usage tracking and tank monitoring in
real-time by the Smart Gas mobile app. The new GSM tracking feature allows for
mobile use including ground, air, and sea tank monitoring.
About itsBchain LLC.:
itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a
blockchain technology developer and solution provider, with a strong focus on
the telecom sector. The company is the final stage of development of a
series of blockchain solutions aimed at using the blockchain ledger and
smart contract solutions to enable more efficiency, quickness in execution and
fraud-prevention in the telco industry. Specifically, the company is
developing a solution that will enable users and carriers to transfer mobile
phone numbers with just a few clicks, allowing users and carriers the ability
to transfer retail users from one mobile carrier to another
instantly. Additionally, the company is finalizing a carrier-grade
marketplace solution to procure payments between carriers for cross-traffic of
VoIP, SMS and data realtime as traffic is crossed between carriers. This
marketplace will allow for instant payment settlement as well as the prevention
of fraud between carriers.
Safe Harbor Statement: Statements in this news release may be "forward-looking
statements". Forward-looking statements include, but are not limited to,
statements that express our intentions, beliefs, expectations, strategies,
predictions or any other statements relating to our future activities or other
future events or conditions. These statements are based on current
expectations, estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that are difficult
to predict. Therefore, actual outcomes and results may, and are likely to,
differ materially from what is expressed or forecasted in forward-looking
statements due to numerous factors. Any forward-looking statements speak only
as of the date of this news release and iQSTEL Inc. undertakes no obligation to
update any forward-looking statement to reflect events or circumstances after
the date of this news release.
iQSTEL Inc.
Source: iQSTEL Inc. and its
subsidiaries:
www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.itsBchain.com
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