#Tech News: Mobiquity
Technologies and Gopher Protocol (OTCQB: $GOPH) Announce Share Exchange
Intend to Pursue
Partnership to Enhance Technologies and Growth
NEW
YORK, NY - September 11, 2018 (Investorideas.com Newswire) Mobiquity
Technologies, Inc. (MOBQ), a mobile location data intelligence company, and
Gopher Protocol Inc. (OTCQB: GOPH)
("Gopher"), a company specializing in the creation of Internet of
Things (IoT) and Artificial Intelligence enabled mobile technologies, including
a global platform with both mobile and fixed solutions, announced they have
closed a share exchange agreement providing for ownership in each of the
respective companies and now expect to pursue a strategic partnership with the
goal of enhancing each other's technologies, growth and sales.
Details
of the equity transaction can be found on the link below: https://www.sec.gov/Archives/edgar/data/1471781/000161577418009230/s112546_8k.htm
With
numerous opportunities for working together, the parties intend to develop a
strategic partnership. The first steps in moving towards a deeper partnership
will initiate with a pilot project, which is expected to include the
integration of the Mobiquity Passage platform into the ECS Prepaid Platform.
The ECS Prepaid Platform booked 1,134,725 transactions from 9,855 terminals
amounting to gross revenue of approximately $13.4 million during the
three-month period ending June 30, 2018 (unaudited).
During
the pilot, Mobiquity will also assist in marketing the GopherInsight Microchips
technology by utilizing the Mobiquity ADvantage platform and utilizing
Mobiquity's SDK inside Gopher affiliated apps for enhanced marketing and
location services. The parties will also utilize each company's resources and
people on future products and joint ventures, which for example, may involve
Mobiquity promoting and distributing Gopher's GuardianPack mobile applications
through its Passage and ADvantage platforms.
"The
synergies between our two companies for location services and marketing is what
makes this planned strategic partnership unique and we expect will prove to be
advantageous for both companies. We see our teams working together on numerous
current and future projects," said Douglas Davis, Gopher's CEO.
Dean
Julia, Mobiquity Technologies' CEO, said "After a long period of due
diligence and negotiations, we see this strategic partnership as a near and
long-term growth opportunity for both companies. We also look forward to
working more closely with the entire Gopher team."
Mobiquity
Technologies, Inc. (MOBQ), is a next generation mobile location data
intelligence and marketing company. The company provides precise, unique,
at-scale location data and insights on consumer's real-world behavior and trends
for use in marketing and research. With our combined exclusive data sets and
proprietary technology platform; Mobiquity Technologies provides one of the
most accurate and scaled solution for mobile data collection and analysis.
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 enabled mobile
technology. Gopher has a portfolio of Intellectual Property that when
commercialized will include smart microchips, mobile application software and
supporting cloud software. The system contemplates the creation of a global
network. The core of the system will be its advanced microchip technology that
can be installed in any mobile device worldwide. Gopher envisions this system
as an internal, private network between all enabled mobile devices providing
shared processing, advanced mobile database management/sharing and enhanced
mobile features.
Formed
in 2008, ECS Prepaid LLC was started and fueled by the desire to create a
Prepaid Wireless distribution model built to cater to Independent Sales
Organizations servicing the gas station, convenience store market. ECS Prepaid
is a two time "INC 500 Fastest Growing Companies" in the US, with a
high ranking of 64th. Starting with just a few hundred direct retail locations,
ECS Prepaid quickly grew its customer base by providing one of the most
comprehensive terminal solution available. Today ECS Prepaid supports over 100
independent agents while powering roughly 9,000 retail locations across the
United States. The ECS Prepaid software platform provides the ability to bring
a variety of services to even the smallest retailer. Products currently
available include: Prepaid Wireless, SIM Activations, International Top Up,
Private Label Gift Cards, Electronic Check Processing, Customer Loyalty and
Rewards programs.
SAFE HARBOR
STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.
Certain
statements in this press release constitute "forward‐looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward‐looking statements involve known and unknown
risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the company to be materially different from any future results,
performances or achievements express or implied by such forward‐looking statements. The forward‐looking statements are subject to risks and
uncertainties including, without limitation, changes of competition, possible
loss of customers, and the company's ability to attract and retain key
personnel.
Media Contact:
Gopher
Protocol Inc.
Douglas Davis, CEO
Gopher Protocol Inc.
VM Only 888-685-7336
press@gopherprotocol.com
Douglas Davis, CEO
Gopher Protocol Inc.
VM Only 888-685-7336
press@gopherprotocol.com
Gopher Protocol,
Inc. (OTCQB:GOPH) is a featured tech stock on
This news is
published on the Investorideas.com Newswire - a global digital news source for
investors and business leaders
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles
and equity research as well as creates original content, including video,
interviews and articles. Original content created by investorideas is protected
by copyright laws other than syndication rights. Our site does not make recommendations
for purchases or sale of stocks, services or products. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. All investment involves risk and possible loss of investment. This
site is currently compensated for news publication and distribution, social
media and marketing, content creation and more. Contact each company directly
regarding content and press release questions. Disclosure is posted for each
compensated news release, content published /created if required but otherwise
the news was not compensated for and was published for the sole interest of our
readers and followers. Disclosure: GOPH is a PR, social media and publishing
client and compensates Investorideas.com: More disclaimer and disclosure
info: http://www.investorideas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
Additional
info regarding BC Residents and global Investors: Effective September 15 2008 -
all BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country.
