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Tuesday, October 30, 2018

Investorideas.com - Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)

Investorideas.com - Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)



Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)


Point Roberts, WA and Delta, BC - October 30, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global news source covering Artificial Intelligence (AI) releases a podcast interview with AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH). Danny discusses how his company's Avant! Self learning AI technology is evolving and taking on the giants in the sector with some of its unique capabilities.
Danny, as an expert in AI working with some of the biggest companies in the sector, shares his thoughts on the global race for AI and how the U.S. can take a leading role.
Danny is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
Listen to the podcast:

#AI Industry Podcast: Gopher's ( OTCQB: $GOPH) AVANT! and IBM ( $IBM) #Watson - The Evolution Race of AI in the US and Globally

Research published in the Daily Telegraph earlier this month indicates that China leads the U.S. in AI and machine learning investment for 2018.
Out of around $14bn (£10.6bn) worth of AI investments made by the biggest eight US and Chinese tech companies this year, Chinese firms such as Baidu (NasdaqGS:BIDU), Alibaba (NYSE:BABA), Ant Financial and Tencent (OTC:TCEHY) have taken a clear lead.
Collectively, the four big Chinese groups have been involved in $12.8bn of the total, according to data compiled by Pitchbook, a financial data firm.
In contrast, their four biggest US rivals - Alphabet (NasdaqGS:GOOG), Amazon (NasdaqGS:AMZN), Apple (NasdaqGS:AAPL) and Facebook (NasdaqGS:FB) - have been part of deals in AI totalling just $1.7bn…
Rittman however, contended that U.S. companies like IBM (NYSE:IBM), Intel (NasdaqGS: INTC) and Qualcomm (NasdaqGS: QCOM) will continue to lead in innovation as the rest of the world rapidly joins in the sector.
"I do foresee that the U.S. will maintain leadership - especially companies like IBM, Intel, Google, Qualcomm etc. These guys will [continue to] lead the world," he said, "but it will definitely spread to the rest of the world and the same is true of the budget. I foresee billions of dollars going into the AI domain in the next decade."
This view is supported by Intel's recent hosting of an IoT forum in Taiwan "attracting the participation of major IPC players including Advantech, Adlink Technology, Aaeon, IEI Integration and Nexcom and over 200 partners, sharing their latest technologies and outlook as well as demonstrating their new products."
Dr. Rittman's example of Qualcomm also appears to hold water when one considers their newly launched Snapdragon™ 675 Mobile Platform. According to its press release, the new platform combines cutting-edge image and voice recognition with improved security features and also boasts support from independent software vendors.
The multi-core AI Engine is designed to improve mobile devices' ability to acquire information and become the ultimate personal assistant by capturing photos and videos, learning and adapting to a user's voice, and optimizing battery life. Through heterogeneous computing, the Hexagon DSP, Adreno GPU, and Kryo CPU - are engineered to work cooperatively to run AI applications on-device faster and more efficiently. Additional AI use cases supported on Snapdragon 675 include camera (scene and object detection, image style transfer, portrait relighting), security (face unlock, payment security), voice and translation. Global ISVs also support the platform including Megvii (Face++), NetEase, SenseTime, Thundersoft, and Trio.AI.
As Dr. Rittman's said about his own company, Gopher Protocol, Inc. (OTCQB: GOPH), their Avant! AI system offers something distinct in the space. "Avant! has one unique thing that no one currently has," he said. "Avant! evolves on its own. That means Avant! learns. It can learn from its experience or it can learn from other experience - a human database or an internet database."
Dr. Rittman explained how the Avant! AI engine becomes aware of gaps in its own knowledge, and will independently learn as a form of self improvement.
"Avant! can reach conclusions that it needs to gain more knowledge in a specific domain or a topic," he said. "Then, Avant! will go on its own - since it's currently basically an independent entity - and will learn. While it's busy answering our questions, it will, in the background, study a specific domain in order to become more knowledgeable."
Avant! is open to public access in a limited web-based capacity currently at www.avant-ai.com. Dr. Rittman said that Gopher wanted to create the online interface to introduce the public to the technology in a fun and interactive way.
"We decided, as a courtesy to the public, to provide and enable a basic interface for Avant!, starting with something that is more on the educational side and fun side," he said. "It's a simple page. You can type any question you want and Avant! is going to go and search millions of sources online."
The website is outlined in a recently launched introductory video:
Detractors from AI systems currently in existence may point to Dr. Rittman's example of IBM as a failure of the technology. The IBM Watsonsystem made headlines this month following the departure of the head of IBM Watson Health, Deborah DiSanzo. DiSanzo left the company's AI medical health division following criticisms of inaccuracies from the medical community.
Dr. Rittman, however, maintains that the high profile controversy surrounding IBM Watson is par for the course when a new, disruptive technology is concerned.
"It's completely typical," he said. "The AI industry will have to go through its own development stages. So, I would not be too alarmed about the whole Watson thing. IBM created a beautiful system. Watson is a very strong AI system and it's still going."
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Monday, October 29, 2018

Investorideas.com - #Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI

Investorideas.com - #Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI



#Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI

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Point Roberts, WA - October 29, 2018 (Investorideas.com Newswire) Investorideas.com and Homelanddefensestocks.com, covering security and defense stocks release an exclusive podcast interview with Roger Ralston, the CEO of DirectView Holdings, Inc. (OTC: DIRV). Roger discusses his company's Security Video Surveillance division (http://directview.com), its revenue growth and some recent contracts, including with a leading Texas builder, Rogers-O'Brien Construction and his contract with Mexico's GRUMA (GRUMAAB.MX) subsidiary, Mission Foods. He also shares his thoughts on the growth of the security surveillance industry and how tech, including AI, will play a key role in its future.
Listen to the podcast:

Security Industry Podcast: CEO of DirectView Holdings, Inc ( OTC: $DIRV) talks about new contracts and future of security surveillance

Looking at the most recent deal flow, DirectView's subsidiary Virtual Surveillance just signed a master agreement to work with a leading Texas builder, Rogers-O'Brien Construction, a company that has done $1.5 billion in construction volume over the past five years.
Roger shares thoughts on why this is a significant contract, including the fact that the master agreement grants Virtual Surveillance the ability to bid on any jobs in which Rogers-O'Brien Construction is operating as a general contractor.
Roger said of the contract, "They are an awesome organization and that opened the potential for us to be able to bid and get involved with several large-scale opportunities that they are working on in the state of Texas."
Rogers-O'Brien Construction is deploying technology to make sure it stays ahead of costs and industry evolution. The company made headline news in May in multiple publications including Apple Insider  (NASDAQ: AAPL) saying that "The iPad has become an extremely useful tool for one Texas-based construction firm, with a report revealing the use of Apple's tablet by the workforce has saved the company an estimated $1.8 million per year, as well as helping to reduce the amount of hours spent working on projects."
The Apple Insider article goes on to say, "Rogers-O'Brien started using iPads on sites for the last five years, reports Business Insider, in a project overseen by director of applied technology Todd Wynne. Out of the 340 employees working for the firm, 190 possess an iPad for work purposes." 
DirectView's Roger Ralston, talking about Rogers-O'Brien's Apple (NASDAQ: AAPL) technology deployment notes, "That again points to what an honor it is to be chosen by them to be their provider for security cameras, access control and peripheral space. They obviously know what they're talking about, as they are a tech savvy company and they are into cutting edge applications and equipment and they've agreed to work with us, which I think says a lot about our ability and the products and services we sell."
Looking at the growth in the global video surveillance market, which according to research is estimated to reach $62.62 Billion by 2023, Roger discusses how his company is reflecting that growth and seeing it first-hand. 
Discussing an earlier contract signed this year (Company announced in July that it had received additional orders and began fulfillment of an additional multi-year contract for $3.7B publicly-traded GRUMA (GRUMAAB.MX) subsidiary Mission Foods), Roger talks about the momentum and how one contract can potentially lead to multiple contracts if you are dealing with large corporations.
 "That was a very big feather in our cap, to win that account. We've done multiple installations with them and are working towards additional installations in the future. As you know they are a global organization, so starting here in the US with them does not limit us from going further than that."
When asked about which markets are expected to see the most growth in the security sector over the next few years, as far as who will need the most security in the shortest amount of time, Roger went on to discuss the continued need for security in the US as well as internationally.
Roger said "There's definitely growth in the US as far as security goes. Things that people have seen in the news, from school shootings that have happened here in the US, which have brought security to the forefront, from people sending bombs in the mail, to the tragedy that happened here in the synagogue today, the more security we have, the more security will catch people doing things like that. There's definitely a growing need for security cameras. It's growing here in the US, and South America and Central America have an absolute need, and even Canada. We're looking at the Canadian space and have recently announced we're exploring a dual listing in the Canadian market. The cannabis market that was just legalized will bring about a big need for security cameras. The opportunities are very bountiful."
Looking at the future of the sector and how technology, including artificial intelligence can play a key role, Ralston stated, "The surveillance industry is continually evolving. We are now offering artificial intelligence. We've got a product that we have where if you want to search for everyone that was wearing a red shirt that came through your door, you can find it. If you want to see every time a UPS driver went by, you can find that as well. We are looking to be cutting edge and we have cutting edge products. There is no market that we cannot serve."
Other companies like FLIR® Systems, Inc. (NASDAQ: FLIR), have recently announced similar products such as the FLIR Firefly® camera family, the industry's first deep learning inference-enabled machine vision camera.
"Automated analysis of images captured by machines is a key part of our day-to-day lives that few of us think about," said James Cannon, President and CEO of FLIR. "The quality, affordability, and speed-to-market of items like our smartphones or the food on our tables are made possible by systems using cameras doing both inspection and automated production. With the FLIR Firefly, powered by Intel Movidius Myriad 2 VPU, we are enabling the designers of these systems to leverage deep learning faster and at lower costs."
The AI in security market is expected to reach $11.95 billion by 2024, growing at a CAGR of around 34.9% during the forecast period, according to recent research.
The report concludes, "AI in security provides an enticing proposition with its proactive threat mitigation capabilities, which is needed for constant supervision and adaptation to the multifaceted security vulnerabilities."
About DirectView Holdings, Inc.
DirectView Holdings, Inc., (OTC: DIRV) together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our websites at www.DirectView.com, www.ApexCCTV.com  and www.VS-US.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and Iota, mining, sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast
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This news is published on the Investorideas.com Newswire - News that Inspires big ideas 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure this news and podcast is a paid for content (third party) on Investorideas.com featuring DirectView Holdings, Inc., (DIRV) Learn more about costs and our newswire service https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Commences Implementation of MESH system Encryption System

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Commences Implementation of MESH system Encryption System



#Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Commences Implementation of MESH system Encryption System

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 29, 2018 (Investorideas.com Newswire) 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, commenced the implementation of its MESH system encryption for the NODE and the GATEWAY units.
This is a key feature designed to ensure secure, private, hacking free operation. As Gopher's MESH system utilizes radio protocol, the transmission can be intercepted or received by an unintended third party placing the data at risk. In order to maintain privacy, Gopher implemented its security system to encrypt the data. It is not possible to read and translate data transmissions without a specific set of keys, nor is it possible to tamper with them without another set of keys. Each payload (data packet) is being encrypted using AES (Advanced Encryption Standard) method. AES is an advanced cipher standard and has been adopted by the U.S. government and is now used worldwide. The algorithm described by AES is a symmetric-key algorithm, meaning the same key is used for both encrypting and decrypting the data.
"Managing security across a growing number of radio devices can be a daunting task. As MESH networks may naturally grow exponentially, the inherent complexities of administrating and managing communication data security need to be efficiently addressed. We believe our security system addresses vulnerabilities, minimizes risk and ensures efficient encryption" stated Dr. Danny Rittman, Gopher's Chief Technology Officer. "A strong encryption is a key block of robust security system. The results can be crucial in various applications including military and autonomous driving,” continued Dr. Rittman.
"Our MESH system radio system encrypts the data with an advanced cipher and only sends encrypted data back and forth, which enabling secured data communication between network devices. We use a wide variety of data security methods among then over-the-air, on-the-fly key changes, frequency hopping, multi-key support and advanced encryption. The system is designed to change keys dynamically over the air in order to avoid delays, ensuring transmissions accuracy and reliability. This is an essential feature especially when it comes to real-time systems like IoT/Mobile devices, drones, autonomous machines and robots. A robust security measures are a must in today's constant evolving hacking environment otherwise consequences could be fatal. This starts with a strong encryption system," finished Dr. Rittman.
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself 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.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
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:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

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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: https://www.investorideas.com/About/Disclaimer.asphttps://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Wednesday, October 24, 2018

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Started its MESH System Gateway Design and Implementation

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Started its MESH System Gateway Design and Implementation



#Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Started its MESH System Gateway Design and Implementation

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 24, 2018 (Investorideas.com Newswire) 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, has completed its MESH network NODE design and started its gateway design implementation.
A network gateway joins devices on one network so they can communicate with other devices on the same network. Gateways enable access and communication to the Internet, sending and receiving data. Our gateway is implemented using software and hardware combination to ensure smooth and secured operation. Gopher's MESH network gateway receives radio signals and accesses the Internet to pass the data to a backend program. The backend program includes security mechanisms such as firewalls and proxies that are integrated with a mobile app to report the desired information. The final result is a visual report through a web interface and mobile app.
"We are glad to announce that we completed the system's NODE and we are now starting the gateway design implementation," stated Dr. Danny Rittman, Gopher's Chief Technology Officer. "As we build our NODE eval boards for further testing, we laid out the gateway design milestones and schedules. We created FW (Firmware) for it and started reviewing libraries for WiFi and BLE (Bluetooth Low Energy) modules. It is our intention to invest extensive efforts to create a robust gateway system for our MESH network since it is designed to provide advanced performance, security and unique features for wide variety of applications, among them are military/security, autonomous machines/robotics and global tracking."
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself 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.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
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:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

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: https://www.investorideas.com/About/Disclaimer.asphttps://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Monday, October 22, 2018

Investorideas.com Newswire - #AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)

Investorideas.com Newswire - #AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)



#AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


New York, NY and Delta, BC - October 22, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research in leading sectors including tech, releases a sector snapshot looking at recent news and developments in Artificial Intelligence.
It's probably fast becoming a cliché to say that Artificial Intelligence (AI) is the future but with an array of companies rapidly adopting variants of the technology, and market research concluding that serious benefits accrue from embracing it, investors may be realizing more and more that it is a sector to watch.
PricewaterhouseCoopers' (PwC) global AI study, "Sizing the prize", details insights and projections of the value AI could bring to business as the technology develops. The research indicates that global GDP could increase by 14 percent, or $15.7 trillion -"more than the current output of China and India combined" - by 2030 as a result of AI. "Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption- side effects."  The report also stresses the need for "strategic investment" to make this growth possible and details how encompassing the technology will be in everyday life.
"From the personal assistants in our mobile phones, to the profiling, customisation, and cyber protection that lie behind more and more of our commercial interactions, AI touches almost every aspect of our lives. And it's only just getting started."
The data and projections of the PwC report are borne out well by a recent press release of American tech company, NVIDIA Corp (NasdaqGS:NVDA). In the week leading up to the release, Swedish automobile maker Volvo chose NVIDIA's DRIVE AGX Xavier platform, an "open scalable platform for autonomous driving," to be incorporated in its next-generation automated cars. In the same period, American multinational computer technology corporation Oracle (NYSE:ORCL) announced that it "is the first public cloud provider to support the NVIDIA HGX-2TM platform on Oracle Cloud Infrastructure".
"NVIDIA's continued product launches in the computing segment, as well as increasing demand for its AI-driven graphics chips and technologies, are expected to aid the company."
Gopher Protocol Inc. (OTCQB:GOPH) has taken the route of designing their own Avant! AI System to run their technologies, which include their GEO tracking system, autonomous machines, surveillance/military/security drones. The company announced on Oct 16 the limited access release of their web-based Avant! System at www.avant-ai.com, which is further outlined in a recent introductory video.
 

"We are proud to introduce a public access to our Avant! AI engine," said Dr. Danny Rittman, Gopher's Chief Technology Officer. "Although we are only providing limited access to an initial phase of Avant!, the public can get a feel for the system's key strength. One of our major Avant! innovations is the use of an advanced semantic segmentation system that enables Avant! to identify visual objects.  This allows understanding of an image down to the pixel level. A computer image can now be understood by our pixel analytics algorithm. We believe this will be crucial for applications such as autonomous driving, security drone operation and even computer assisted medical procedures."
Dr. Rittman continued, "The next unique aspect of the Avant! system is the AI decision-making process.  Avant! has the capability to predict scenarios based on analytics and statistical data. Our goal is to open a whole world of possibilities to integrate Avant! within human interface applications which could include customer services, chat support, financial advice and in the future, medical advices. Every decision taken within Avanti! is supervised by a cognitive deep-learning system for error capturing, which makes it safe and reliable. Another of the remarkable key elements in Avanti! is its Artificial Neural Network (or ANN). This is an information processing paradigm that is inspired by the way biological systems, such as the brain, process information. An ANN is configured for a specific application such as pattern recognition or data classification through a learning process. Avant!"
Amazon's (NasdaqGS:AMZNrecent partnership with Snap Inc.'s (NYSE:SNAP) Snapchat will enable "visual search shopping" using object-recognition AI technology, which could drastically alter the way people shop in the near future. The Snap website explains the ease of the process:
"Simply point your Snapchat camera at a physical product or barcode, and press and hold on the camera screen to get started.
When the item or barcode is recognized, an Amazon card will appear on-screen, surfacing a link for that product or similar ones available on Amazon. Tap your selection to visit the Amazon App (if you have it installed on your phone) or Amazon.com, where you can complete your purchase or keep browsing."
Cliché or not, expect to see the hype around AI continue to become more of a reality. Whether it is discreetly powering tech like NVIDIA's recent adoptions, governing Gopher's Internet-of-Things and mobile technology, or explicitly altering the way people shop on Amazon, AI is already making a significant impact on the market and all indicators are that this will only accelerate.
About Gopher:
Gopher Protocol Inc. (OTCQB: GOPH) is a development-stage company which consider itself  a Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher's exclusive licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based Radio Generated Digital Currency on June 19, 2018. Additionally Gopher's Avant! AI technology has been designed to supervise the Blockchain System to keep records of all data exchanges. The AI system will be embedded as an integral part of Gopher's digital coin Blockchain system.
For more info on Gopher and its technologies visit http://gopherprotocol.com/
More info on the sector:
For investors following the sector Investor Ideas has a comprehensive AI and tech stock directory: https://www.investorideas.com/TSS/
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Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update



#Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update

Update on LogicMark and proposed Spin-Off

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 22, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today released a shareholder update regarding LogicMark and the strategy and process for its proposed spin-off of its payments, authentication and credential management business.
On September 21, 2018, Nxt-ID announced that it intends to separate its payments, authentication, and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution. Immediately following the transaction, Nxt-ID shareholders who owned common shares of Nxt-ID at the record date of October 17, 2018, will own shares of both companies. The record date was set for October 17, 2018 to allow shares purchased on October 15, 2018 to clear and be recorded on the shareholder ledger.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication, and credential management assets that the Company developed since inception. Following the spin-off, the PartX has a provisional investment commitment for $6.0 million to fund its operations. PartX plans to apply for listing on the NASDAQ exchange.
LogicMark
Our LogicMark subsidiary has grown substantially since we acquired the company in July 2016. Unaudited revenue for the trailing twelve months ended September 30, 2018 was approximately $17.4 million and Non GAAP Operating income for the twelve months ended September 30, 2018, adjusted for depreciation, amortization and non-cash charges was approximately $7.8 million, almost twice as much as when the company was acquired in 2016. LogicMark's core business is derived from sales to the Veteran's Administration and wholesale distribution channels.
"We believe that LogicMark's strong core business and expertise in patient monitoring provides an ideal base for expansion into this sector of healthcare," said Gino Pereira, CEO of NXT-ID. "We are making significant progress toward building new distribution channels for the LogicMark family of products. As a result of a shift in the age structure, it is estimated that 19 percent of the population will be aged 65 and older by 2030. In addition, we are developing new wearable monitoring products to further extend our market beyond the senior population. These devices are designed for students, children and workers in industries where personal safety is important. Furthermore, we are expanding into telemedicine where we will offer monitoring services for the chronically ill, with the objective of reducing healthcare costs by early detection of adverse symptoms allowing for more timely medical intervention."
"This spin-off transaction will free up cash flow that will allow LogicMark to fully pursue these new markets and opportunities."
Spin-off Strategy
"The fundamental reason we are pursuing this transaction is that we believe the value of both of our key lines of business is not reflected in the Company's valuation. This transaction is designed to unlock that value by providing a direct pure play investment for shareholders in each strategy. While we have a process go through to complete the transaction, the goal is to have the inherent value of both our lines of business be more fully realized. The payments and authentication business is at a different stage of development compared to the healthcare business and needs some additional runway to achieve its full potential. We believe that this is best served as a stand-alone entity. In addition, it will provide current and future investors in an opportunity to invest in both businesses with a more clearly defined strategy and more transparency into the results and progress toward achieving that strategy."
Transaction Update
"The next step in the process of completing the spin-off is the filing of an information statement, which will provide additional details about the transaction and the resulting two businesses. It appears likely that our original estimated completion date of November 15 will be pushed back towards the end of the year but we are working diligently through the process."
PartX, Inc. (Fit Pay, Inc. and Additional Assets)
"Our payments, credential management and authentication business, currently operating as our Fit Pay, Inc. subsidiary, continues to make strides in the commercialization and scaling of its business. Its flagship customer, Garmin International, now features Garmin Pay, which is powered by Fit Pay on 10 of its smartwatches. The global footprint of Garmin Pay also continues to grow. More than 200 issuers in 26 countries now enable Garmin Pay their account holders. This growing network increases the activation of the Garmin Pay feature, which is a key driver of the Fit Pay business.
"In addition, it was announced last week the Fit Pay is included among companies participating in a new tokenization program from Visa. This new program significantly increases the addressable market for Fit Pay's services, allowing it to provide tokenization services to merchants and e-commerce companies.
Conclusion
"We believe that the remaining business in NXT-ID will provide a firm foundation for continued significant growth. This transaction is a critical step toward realizing the inherent value of both our subsidiaries in the market and will strategically position both companies to be able to execute on their full potential."
Transaction Details
For further details about the spin-off transaction, please see the Form 8-K filed by Nxt-ID with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing is not assured and will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements, lender's consents and other matters. Nasdaq has not approved the spin-off company for listing and there are no guarantees that the company will be able to list on Nasdaq or any other exchange.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Statement regarding use of non-GAAP financial measures
In this press release, the Company's financial results and financial guidance are provided in accordance with accounting principles generally accepted in the United States (GAAP) and using certain non-GAAP financial measures. Management believes that presentation of operating results using non-GAAP financial measures provides useful supplemental information to investors and facilitates the analysis of the Company's core operating results and comparison of operating results across reporting periods. Management also uses non-GAAP financial measures to establish budgets and to manage the Company's business.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

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