Breaking #5G/ #Telecom #StockS News - iQSTEL, Inc. (OTC: $IQST) Sees Revenues Surpass $50M with Acquisition of Austin-based SMS Service Provider Company

Breaking #5G/ #Telecom #StockS News - iQSTEL, Inc. (OTC: $IQST)    Sees Revenues Surpass $50M with Acquisition of Austin-based SMS Service Provider Company

NEW YORK, NY  4/14/2020 - (Investorideas.com Newswire )- 5G/ Telecom Stock News - iQSTEL Inc. (OTC: IQST) announces the execution of a 51% acquisition agreement for an Austin-based US-Mexico SMS service provider.

Read this news featuring IQST in full at https://www.investorideas.com/news/2020/technology/04141iQSTEL-Revenues.asp

This acquisition increases iQSTEL’s combined revenues to over $50M, adding $29M to the current business of iQSTEL. Our SMS business, under the QGlobal SMS brand, will make up 60% of iQSTEL yearly revenues in the burgeoning $100B SMS market.

“Our QGlobal SMS brand will surpass 700 million SMS transactions per year with this acquisition, expanding our operating regions to include: US-Mexico, Latin America, EMEA (Europe, Middle East, Asia), and Africa” commented Mr. Iglesias, iQSTEL´s CEO.

“I am pleased to join Mr. Iglesias and the wonderful team at iQSTEL. Our company is set for significant growth this coming year and iQSTEL’s existing business, and industry connections, will facilitate a more rapid expansion across the SMS business for the carrier, corporate and enterprise markets.” said Mr. Francisco Bunt, CEO/COO of the Austin-based SMS service provider subsidiary of iQSTEL.

Mr. Iglesias, iQSTEL´s CEO, continued “We welcome Mr. Francisco Bunt to our network of companies. This acquisition is in line with our transformation of iQSTEL into a 21^st Century Telecom Enhanced Service Provider. Our strategy at iQSTEL is to build a very strong portfolio of high tech solutions: Domestic and International Long Distance (VoIP); SMS service provider (A2P & P2P); 4G & 5G international fiber-optic connectivity; Internet of Things (IoT) Applications; and Blockchain-based platform applications. We are preparing iQSTEL for an expansive 2020 outlook and beyond.”

About iQSTEL Inc.:

iQSTEL Inc. (OTC: IQST) www.iQSTEL.com  is a Publicly Listed Company in US. iQSTEL is a leading-edge 21^st Century Enhanced Telecommunications Service Provider offering a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers,  enterprise market, as well as the retail market. iQSTEL through its subsidiaries (www.etelix.com ; www.SwissLink-Carrier.com ; www.QglobalSMS.com ; www.itsBchain.com)  offers a “one-stop-shop”  for international and domestic VoIP services, SMS exchange for A2P and P2P, Internet of Things (IoT) applications, 4G & 5G international infrastructure connectivity, as well as blockchain-based payment and phone number mobility platforms to international and domestic Tier-1 carrier 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 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.

IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

Source: iQSTEL Inc.

www.iqstel.com ; www.swisslink-carrier.com ; www.etelix.com ; www.qglobalsms.com ; www.itsBchain.com

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Investorideas.com - Security and Defense Stocks News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Patriot One Hires New Chief Operating Officer

Investorideas.com - Security and Defense Stocks News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Patriot One Hires New Chief Operating Officer

Investorideas.com Newswire - The AI Eye: Siyata Wins $600K Contract to Supply Hospitals with PTT Devices and Minerva Intelligence Announces Contract with White Gold Corp.

Investorideas.com Newswire - The AI Eye: Siyata Wins $600K Contract to Supply Hospitals with PTT Devices and Minerva Intelligence Announces Contract with White Gold Corp.

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Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Patriot One Hires New Chief Operating Officer & President Dietmar Wennemer, @patriot1tech

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Patriot One Hires New Chief Operating Officer & President Dietmar Wennemer, @patriot1tech

 

#Technology Industry Veteran to Lead Product Development & Operations from the Toronto Headquarters

April 13, 2020 TORONTO,–(Investorideas.com Newswire, Homelanddefensestocks.com )-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), is pleased to announce it has hired technology industry veteran Dietmar Wennemer as the Company’s new Chief Operating Officer (COO) and President.  Mr. Wennemer will begin his role on Monday the 13^th of April 2020 at the Company’s Toronto Headquarters, and be responsible for leading the product development and operations efforts.  Mr. Wennemer will report to the Company’s CEO Martin Cronin, who will focus his efforts in corporate and business development, as well as investor and external communications.  

Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/04131TSXPAT-COO-President-DietmarWennemer.asp

“As we expand the commercialization of our PATSCAN Multi-Sensor Covert Threat Detection Platform in 2020, hiring a tech industry veteran like Dietmar as our Chief Operating Officer and President made perfect sense,” shared Martin Cronin, CEO of Patriot One.  “Our product development and operation teams have done an outstanding job over the past three years in getting our product to market; by adding an experienced Chief Operating Officer and President will help bring greater focus to internal operations and customer delivery.”

Dietmar Wennemer comes to Patriot One from a long successful career in technology, communications and security. Prior to joining the Company, he held the role of Chief Product Officer for Aeryon Labs Inc. and Center ID. Aeryon Labs is part of FLIR Systems, Inc. (NASDAQ: FLIR) and is a leading developer of high-performance unmanned aerial systems (UAS) for the global military, public safety, and critical infrastructure markets. At Center ID, Mr. Wennemer lead product development of CenterCard™- a Visa® Business Debit Cards connected to Center™ SpendOps software that streamlines the expense management in small and medium sized businesses. Prior to these roles, he led product development efforts with BlackBerry/Research In Motion and Siemens. 

As Chief Operating Officer and President, Mr. Wennemer will take on the day-to-day product development and operations of Patriot One. He will work with the Company’s management team on the PATSCAN Platform development of existing and new threat detection solutions including thermal video, as well as deployment, operations, production, and human resources. As CEO, Martin Cronin will remain engaged with his executive team who run corporate and business development, capital markets and investor relations, marketing and communications, and public policy. Both CEO and COO will participate in all Board-level meetings.

“I am very excited to join Patriot One and develop technology that helps to stop violence before bad things happen,” expressed Dietmar Wennemer, Patriot One’s new COO and President. “I have been watching the Company over the past years as it introduced its covert threat detection technology and have been impressed by the Board and Management team’s ability to expand its product offering into a smart multi-sensor platform with advanced AI capabilities to improve commercial and public safety.  I look forward to working with this highly talented team and its key partners as we bring new innovative solutions to market.” 

Respectfully,

“Martin Cronin”

Martin Cronin, CEO

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):

Patriot One's mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

For further information, please contact:

Patriot One Technologies Inquiries

info@patriot1tech.com

www.patriot1tech.com

Investor Relations

John Martin, Patriot One Technologies                         

+1 (888) 728-1332                                         

johnm@patriot1tech.com                                           

                             

Media Contacts:

Scott Ledingham, Patriot One Technologies                           

+1-613-806-7135                                           

scott@prmedianow.com

CAUTIONARY DISCLAIMER STATEMENT:

No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

News -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 : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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The #AIEye Episode 328: IBM (NYSE: $IBM) Services Selected by Prysmian for Infrastructure Acceleration, Intel (NasdaqGS: $INTC) and Georgia Tech Selected by #DARPA for GARD Program

The #AIEye Episode 328: IBM (NYSE: $IBM) Services Selected by Prysmian for Infrastructure Acceleration, Intel (NasdaqGS: $INTC) and Georgia Tech Selected by #DARPA for GARD Program

Global #AI in Oil & Gas Market to Reach $3.81 Billion by 2025

Point Roberts WA, Vancouver BC – April 9, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/040920-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/04091AIEye-IBM-INTC-GeorgiaTech.asp

Hear the Ai Eye on Spotify  

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (OTCPINK:PRYMY) (NasdaqGS:INTC)

Energy and telecom cable systems leader Prysmian Group (OTCPINK:PRYMY) has selected IBM Services (NYSE:IBM) “to help expand and manage its global technological infrastructure.” This initiative will see Prysmian migrate its SAP workloads to IBM Cloud and leverage AI, IoT and human augmentation technologies. Stefano Rebattoni, Vice President Enterprise Sales of IBM Italy, said:

"IBM is pleased to help facilitate the next step forward in support of Prysmian's business, which has always been committed to providing its customers with products and services with a high level of innovation. The adoption of IBM Cloud will help support a solid digital transformation path towards continuous improvement of service quality and operational efficiency".

Intel Corporation (NasdaqGS:INTC) and the Georgia Institute of Technology (Georgia Tech) have been selected to lead a Guaranteeing Artificial Intelligence (AI) Robustness against Deception (GARD) program team for the Defense Advanced Research Projects Agency (DARPA). Jason Martin, principal engineer at Intel Labs, explained the project:

"Intel and Georgia Tech are working together to advance the ecosystem’s collective understanding of and ability to mitigate against AI and ML vulnerabilities. Through innovative research in coherence techniques, we are collaborating on an approach to enhance object detection and to improve the ability for AI and ML to respond to adversarial attacks."

Global AI in Oil & Gas Market to Reach $3.81 Billion by 2025

A report from Mordor Intelligence finds that the global AI in Oil & Gas market will grow from $2 billion in 2019 to $3.81 billion in 2025 with a compound annual growth rate (CAGR) of 10.96 percent in the forecast period. An excerpt from the report overview outlines some key drivers in the market:

●     Organizations across the world are trying to make the exploration and the production processes more efficient and optimized. The operations in this field are the major factors that are driving the usage of AI in oil and gas companies. The AI tools can help oil and gas companies in digitizing records and can automate the analysis of the gathered geological data and charts, which can lead to potential identification of issues, such as pipeline corrosion or increased equipment usage.

●     Oil and gas companies can potentially gain crucial insights to improve their business outcomes in their upstream processes with the integration of AI software. This process would involve the feeding of curated data records and information from data sources to the software that could include structured documents, PDFs, handwritten notes, audio, or video files.

Sam Mowers, Investorideas.com

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