Posted by AGORACOM-JC
at 7:29 AM on Thursday, October 29th, 2020
Alen Paul Silverrstieen, CEO of ImagineAR, will be speaking at the Global XR Bootcamp 2020
The Online Global XR Bootcamp 2020 will be the biggest online Virtual, Augmented and Mixed Reality event in the world and will be hosted November 13 th -14 th , 2020
The event will consist of a 24-hour live stream of high-quality sessions by global speakers planned around the world through all the time zones
VANCOUVER, BC and ERIE, Pa. , Oct. 29, 2020 – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone AR campaigns, is pleased to announce that Alen Paul Silverrstieen, CEO of ImagineAR, will be speaking at the Global XR Bootcamp 2020. The Online Global XR Bootcamp 2020 will be the biggest online Virtual, Augmented and Mixed Reality event in the world and will be hosted November 13 th -14 th , 2020. The event will consist of a 24-hour live stream of high-quality sessions by global speakers planned around the world through all the time zones.
Mr. Silverrstieen will be specifically addressing the utilization of mobile augmented reality for sports fan engagement and activation.
Alen Paul stated; “ImagineAR is expanding globally and this online event will provide the opportunity to introduce our augmented reality platform and mobile app SDK plugin to a new audience. We have recently started marketing programs in the UK and Middle East. Interest in utilizing AR for fan engagement has been growing in today’s new Covid-19 environment and we are excited to be launching the Valencia FC program this year.”
This press release is available on the Company’s AGORACOM Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
About Global XR BootCamp
The Online Global XR Bootcamp 2020 will be the biggest online Virtual, Augmented and Mixed Reality event in the world. The event will consist of a 24-hour live stream of high quality sessions by global speakers planned around the world through all the time zones. Organizers have the ability to organize an online meetup in virtual reality as a community gathering. Watch content about virtual reality, augmented reality, mixed reality, WebXR and related technologies like machine learning and AI brought to you by local heroes, or just stop by to meet with others from the local community. https://www.globalxrbootcamp.com/
About ImagineAR
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.
All trademarks of the property of respective owners.
ON BEHALF OF THE BOARD
Alen Paul Silverrstieen President & CEO (818) 850-2490
We encourage you to do your own due diligence and ask your broker if ImagineAR IInc. (cse: IP) is suitable for your particular investment portfolio*.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward-looking information is based on certain key expectations and assumptions made by ImagineAR management. Although ImagineAR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because ImagineAR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and ImagineAR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Posted by AGORACOM-JC
at 6:21 PM on Wednesday, October 28th, 2020
SPONSOR: FansUnite Entertainment Inc (FANS:CSE) The global online gambling market could potentially hit $1 TRILLION by the end of this decade. FansUnite is well positioned to capitalize on this trend. The company has a full suite of B2B and B2C services and has facilitated over $350M in bets from its 300,000 registered users. The company has also signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market which will see their RNG games available to over 120 online casino websites. Learn More.
How Has COVID-19 Impacted Esports and Its Technology Needs?
When COVID-19 halted traditional sports events in March, the esports industry quickly pivoted and offered virtual entertainment with professional traditional sports players in various events, from the Madden NFL Invitational to NASCAR’s virtual racing, which became the highest-rated televised esports event ever.
Esports is a rapidly growing industry, with $4.5 billion of investments in 2018, up from the $490 million in 2017, according to Deloitte. Industry revenue is expected to reach $1.6 billion by 2023, per a Newzoo figure on Statista (see below).
With such a leap in engagement, gamers, professional teams, and collegiate programs are evaluating their AV technology and remote production investments or risk getting left behind.
“COVID-19 has changed the game. Instead of these massive venues, the games are now happening completely remote. The demand for LED displays has been replaced with the need for better broadcast technology with remote capabilities,” states Jared Darensbourg, senior sales manager at Panasonic. “Instead of airing the broadcast on ABC or NBC, the production now streams live to Twitch, YouTube, or other social media platforms that encourage engagement.”
Gamers can use remote production technology to livestream every minute of gameplay while traditional sports announcers share live commentary. Studio-oriented cameras allow the audience to view both the gamer and announcer’s reactions in real-time, making it as dramatic as it would in-person.
“The ability to have high-quality, high-resolution cameras with zero latency is a big component when it comes to gaming or producing games,” notes Darensbourg. “The time between when an action happens on your screen to when you see it on your active display is critical. That fast network as well as 4K content improves the audience experience.”
Socially distanced events could utilize projectors and displays to showcase stats and highlights to recreate the energy of live competitions with in-person audiences. Cameras to pan the arena and feature individual players can also enhance visuals for at-home viewers.
Thus, the demand for broadcast cameras with remote capabilities has increased. “Panasonic PTZ cameras have been successful in this online streaming transition because of its functionality, features, and control system,” says Hamid James, product manager at Panasonic. “The ability to output various resolutions is critical to its success. With PTZ cameras, esports venues and esports directors can pick and choose what format and quality they want to output to the end user, as well as have the flexibility to be able to output to those different social media and streaming platforms without needing any additional hardware.”
Remote esports tournaments could also further venture into virtual reality, which Riot Games has utilized in past opening ceremonies for the League of Legends World Championship, from an augmented reality dragon landing on the stadium to a holographic hip hop performance. “A 3D protocol outputs positioning data and allows you to use the PTZ camera in an AR/VR environment,” concludes James. “Much of gaming uses Unreal Engine, and the PTZ camera integrates directly with that platform via plugin. This is a crucial feature if you want to create a virtual environment because people can’t actually get there, or even just create an engaging experience moving forward.”
Posted by AGORACOM-JC
at 5:54 PM on Wednesday, October 28th, 2020
Avicanna (AVCN :TSX) (AVCN : OTCQX) ( 0NN: FSE) is a vertically-integrated biopharmaceutical company developing and commercializing various cannabinoid-based products for the global marketplace.
When we say vertically integrated, we mean it. Avicanna has 4 fully operating divisions to address the entire market for Cannabis products as follows:
1. The company has a full line of high end CBD based skin care products serving the consumer retail segment with Canadian distribution through Medical Cannabis by Shoppers, as well as global distribution later this year.
2. Avicanna’s superior medical cannabis line also features products distributed through Medical Cannabis by Shoppers, the online arm of Canada’s largest drugstore chain. In addition, the company recently received certification and authorization for the sale of pharmaceutical cannabinoid products with medical prescriptions in Colombia.
3. Avicanna also hosts a full pipeline of Pharmaceuticals in various stages of trials to address Dermatology, Psychiatry, Neurology, Pain and Oncology. Three of the company’s products are already as far as phase 2.
Posted by AGORACOM-JC
at 5:30 PM on Wednesday, October 28th, 2020
Six new clinics installing SIAscopy™ on Dermsecure™ telemedicine platform in the next three weeks across Ontario and Saskatchewan
MedX enters into a sales agency agreement with specialty medical device distribution group Ziemer Professional Corp., targeting sales efforts within the medical, athletic, and pain management clinic markets
MedX Health Corp. (“MedX” or the “Company”) (TSX-V:MDX), the global leader in teledermatology, announces that it has completed a sales agency agreement with the Ziemer Professional Corporation. Mr. Paul Ziemer, President, has 20 years of experience in medical device sales and medical clinic operations. “I have been working with the MedX team to develop a go-to market strategy and I am pleased to announce that the first six clinics will roll-out in the next three weeks with installations across Ontario and Saskatchewan. Preparations are already in place for additional installations in Canada and the USA for December and early 2021,” stated Mr. Ziemer.
“COVID-19 has almost doubled the wait times in order to see a Dermatologist. MedX’s DermSecure™ teledermatology platform provides a perfect solution to this problem. I have received tremendous interest from my client base and expect rapid growth in both the USA and Canada,” Mr. Ziemer added.
“Mr. Ziemer’s enthusiasm and detailed knowledge of the economic drivers in the clinic market have been invaluable as we begin our roll-out strategy. Mr. Ziemer has a wide network and strong relationships with numerous medical clinics and practitioners. We believe he will develop a solid customer base in a number of key markets for MedX, and we look forward to supporting Mr. Ziemer and his team in their sales and marketing efforts,” commented Mr. Mike Druhan, President, Dermatological Products and Services.
About Ziemer Professional Corp.
Ziemer Professional Corporation has been partnering with health care innovators for over 20 years. We have a strong focus on delivering new and innovative medical technologies to medical/athletic clinics throughout North America and internationally. Areas of experience include Diabetic Wound Care, Peripheral Neuropathy, Biomechanical Gait and Posture Analysis, Telemedicine/Remote Patient Monitoring. ZPC provides sales support as well as educational leadership to its partners, patients and clinical customers. Improving patient access to preventative technologies is top of mind with a specific focus on delivering patient care to remote communities including a special relationship with First Nations.
About MedX
MedX, headquartered in Mississauga, Ontario, is a leading medical device and software company focused on skin health with its SIAscopy™ on DermSecure™ telemedicine platform, utilizing its SIAscopy™ technology. SIAscopy™ is also imbedded in its products SIAMETRICS™, SIMSYS™, and MoleMate™, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS™, SIMSYS™, and MoleMate™ include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are Health Canada, FDA, TGA and CE cleared for use in Canada, the US, Australia, New Zealand, the European Union, Brazil and Turkey. MedX also designs, manufactures and distributes quality photobiomodulation therapeutic and dental lasers to provide drug-free and non-invasive treatment of tissue damage and pain. www.medxhealth.com
Forward Looking Statements
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the Company’s limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the Company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the Company’s projections or forward-looking statements. All forward looking statements in this press release are based on information available to the Company as of the date hereof, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 1:55 PM on Wednesday, October 28th, 2020
TORONTO , Oct. 28, 2020- David E. Luxton , Executive Chairman, KWESST Micro Systems Inc. (TSXV: KWE), shares his company’s story in an interview with TMX Group.
The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit https://www.tmxmoney.com/en/csuite.html .
About KWESST Micro Systems Inc. (TSXV: KWE)
KWESST Micro Systems Inc. is a proud leader in advancing the modern networked capability of soldiers and responders, including the networked Soldier Systems mission of NATO and its allies, with niche applications that make a critical difference to safety and effectiveness. For more information visit: https://www.kwesst.com/
About TMX Group (TSX: X)
TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange , TSX Venture Exchange , TSX Alpha Exchange , The Canadian Depository for Securities , Montréal Exchange , Canadian Derivatives Clearing Corporation , Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary , Vancouver and New York ), as well as in key international markets including London , Beijing and Singapore . For more information about TMX Group, visit our website at www.tmx.com . Follow TMX Group on Twitter: @TMXGroup .
Posted by AGORACOM-JC
at 1:47 PM on Wednesday, October 28th, 2020
SPONSOR: Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) is an Augmented Reality platform that allows businesses to easily launch AR campaigns. Clients Include: NBA Sacramento Kings, Mall of America, AT&T Shape and The Basketball Hall of Fame. ImagineAR and NFL Alumni Academy recently signed a 5 year partnership agreement. In addition, the company signed a two-year agreement with Valencia C.F. of La Liga to provide interactive Augmented Reality experiences for almost 7 million fans around the world. Learn More.
AR isn’t just ‘exciting’, it’s practical
Augmented reality might seem like a daunting new frontier for the average business, but adopting this new technology is a lot easier than it seems
With an anticipated 3.8 billion smartphone users in 2021, more people are using mobile tech to experience the world, from enhanced museum tours to Animoji
If you haven’t already considered it, AR can be a smart, practical form of smart marketing and branding.
Augmented reality might seem like a daunting new frontier for the average business, but adopting this new technology is a lot easier than it seems. With an anticipated 3.8 billion smartphone users in 2021, more people are using mobile tech to experience the world, from enhanced museum tours to Animoji. If you haven’t already considered it, AR can be a smart, practical form of smart marketing and branding.
First, it’s important to distinguish between augmented reality and virtual reality. Virtual reality is an almost wholly-digital experience that requires special hardware to immerse yourself in a new environment. Augmented reality is a combination of the digital and physical worlds, where the former is often “layered” over the latter. If you’ve used custom Snapchat filters or played Pokemon Go, you’ve already tried AR without even realizing it.
But the great thing about AR is that it doesn’t require buying new hardware. Virtual reality, while still an exciting new realm, isn’t as widely accessible as AR. For starters, you need pricey new gadgets to play around in VR, but anyone with a smartphone and an internet connection can tap into a well-crafted AR experience.
“The biggest benefit of AR is the simplicity with which you can build on top of the existing world that a user is already familiar with to teach them new things or show them new information that was previously unavailable,” says Gal Oppenheimer, who manages Contentstack’s Solutions Architecture Team. AR has, for instance, become a huge part of our daily reality, with Zoom virtual backgrounds helping people continue to meet and work collaboratively regardless of their environment.
Speaking to Oppenheimer and Contentstack’s marketing director Varia Makagonova reveals that augmented reality is a particularly effective, forward-thinking strategy for companies in retail, museums/education, and home improvement; AR works best to convey important, relevant information to customers in a quick, intuitive way. Best of all, it’s surprisingly straightforward to implement, especially if you’re working with an experienced content management team.
Great AR needs great content
As a headless CMS, Contentstack leads the way in helping businesses create innovative content experiences. In 2020, blogs and websites are no longer the main avenues of brand communication – modern customer experiences can include everything from chatbots and apps to new types of streaming media. Contentstack helps you adapt to new technology quickly and seamlessly, no matter the platform.
“When people look at AR, they only see the end experience,” says Oppenheimer. “And what people don’t realize is really there are two pieces to an AR experience. There’s the experience the consumer sees… and that is really just a 3D model, a color map, and a rendering library.” Then there’s the content, which can require just as much attention, depending on the scope of a company’s product lineup. This is where Contentstack comes into play.
A great content platform needs to be streamlined and easy to use, especially if you’re going to be working with new channels and touchpoints like Augmented Reality applications. With the right tools, it’s easy to build a well-organized, flexible content library that can be used to power all kinds of content-rich experiences.
And when it comes to retail, that often means making sure you can easily plug in personalization and e-commerce technologies into these experiences. As Oppenheimer points out, “it doesn’t matter if you have the biggest library of content available for your AR application to use. If the customer doesn’t see the one product that they are looking for to try on or learn more about, the app has not done its job for them.”
Building and tending to a useful content experience doesn’t have to be painful, though. “We have customers that have well over 2 million products in their Contentstack,” Oppenheimer says. “And when they do a release, sometimes that’s 200 products going live the same day… being able to facilitate that process easily, and then making sure that content appears in the mobile application that has all the rich AR content at the end, that’s where we come in.”
Posted by AGORACOM
at 12:23 PM on Wednesday, October 28th, 2020
TORONTO, ON / ACCESSWIRE / October 28, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT) (OTC Pink:CBULF) (FRANKFURT:CB81) (WKN:A143MR) announces that it is in the process of submitting 243 Kg of high purity graphite concentrate obtained from its pilot testing program for characterization for use as anode material in Lithium Ion battery cells. The graphite will initially be put through an Air Classification process in Toronto, Ontario and from there will be sent to Dorfner Anzaplan in Germany to undergo spherical micronization and classification. This verification process should establish Gratomic as a leader among its peers in proving that its graphite will be suitable for the anode material supply chain for North American battery manufacturers like Tesla, Panasonic, and others.
High grade Aukam graphite is taken to 99.9% purity through a non-invasive and carbon neutral process. Upon verification of quality and purity, the graphite will then be put through the spherical micronization process where it is ‘polished’ and ‘rounded,’ taking it from a flake to potato shape. Next the graphite will be put through a coating process, which strengthens the mineral improving surface area and increasing cycle times of the particles leading to improved conductivity. From there, it will be acceptable for use in Lithium Ion battery applications.
Being only a few short weeks away from completion of its processing plant (see Press Release dated October 15, 2020), Gratomic is providing a leg up on the competition in this rapidly expanding sector with its Eco-friendly and clean graphite options. Follow the link provided to view progress on final construction of the Aukam Graphite processing facility, which will include an on-site Air Classification unit in the near future https://gratomic.ca/aukam-2020/?et_fb=1&PageSpeed=off
President and CEO, Arno Brand, along with COO and Head of Graphite Marketing and Sales, Armando Farhate, have collaborated on next steps for Gratomic Inc. and its clean Aukam graphite. The pair have conducted extensive research into battery manufacturing requirements for graphite and are laying the groundwork for the Company’s transition into this sought-after market. The pair will continue with Gratomic’s current outreach program to North American EV battery manufacturers.
Experts agree that graphite anodes will remain in use for the foreseeable future, as breakthrough alternative versions of battery anodes are still years away from commercial production. In the meantime, Gratomic intends to provide the EV Market and Renewable Energy Sectors with clean, Eco-friendly graphite with a near neutral carbon footprint.
The Graphite concentrate is scheduled to leave Namibia for Toronto on October 30th after a slight delay related to COVID – 19 restrictions implemented by the Government of Namibia.
Steve Gray, P. Geo. and a Director of the Company has reviewed and approved the scientific and technical information in this press release and is the Company’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Dorfner Anzaplan
The Company is currently preparing to initiate a development process in partnership with German specialist Dorfner Anzaplan, in order to identify the ideal process route for micronization and spheronization of its high purity graphite sourced from its Aukam Graphite Project in Namibia. Gratomic aims to meet stringent specifications from potential battery manufacturing strategic partners and clientele.
“ANZAPLAN offers advanced graphite evaluation services for high value applications including strongly growing markets such as anode materials in lithium ion batteries and expandable graphite. Starting with the initial characterization of the graphite ore through development of a beneficiation process to obtain a high-quality flake graphite concentrate, shaping and purification into battery grade spherical graphite, characterization of electrochemical performance and testing of Li ion cells”(Anzaplan. “Graphite.” ANZAPLAN, ANZAPLAN, 2020, www.anzaplan.com/minerals/graphite).
“ANZAPLAN’s facilities offer process design and engineering for flake graphite for a wide range of downstream products including purified spherical graphite with a cost and time efficient spheroidization equipment developed in cooperation with a renown German equipment manufacturer NETZSCH” (Anzaplan. “Graphite.” ANZAPLAN, ANZAPLAN, 2020, www.anzaplan.com/minerals/graphite/).
Established in 1985, ANZAPLAN is the leading company for engineering and consulting services for metals and mineral projects. They provide various services utilized by mining companies to de-risk projects, provide insights, aid in product development, and assist with planning requirements. The Company even presented at the 2020 Lithium-Ion Battery Materials & Rare-Earth Elements Supply Chain Seminar this past February.
About Gratomic Inc.
Established in 2014, Gratomic is an advanced materials company focused on low-cost mine to market commercialization of carbon-neutral, Eco-friendly, high purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. Gratomic Inc. is a leader among peers, anticipating full operational capabilities in late 2020 and aiming to transition to an open pit mine as early as 2021.
The Company promises to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.
Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in late 2020. The agreements exist with TODAQ and Phu Sumika.
TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.
Phu Sumika is a large global graphite supplier to battery and lubrication companies.
Gratomic Inc. is listed on the TSX Venture Exchange under the symbol GRAT.
For more information: visit the website at www.gratomic.ca or contact:
With the preview site now open to the public, beginning in early November, Liquid Avatar users will be able to add custom-designed and limited availability icons from leading pop culture, comic book, fantasy, manga, and contemporary Artists.
Through the Liquid Avatar Marketplace, users will be able to buy custom and limited availability icons from key Artists, adding to their self-created icons
Liquid Avatar users will be able to buy, store, use and, in early 2021, sell and trade custom purchased icons through their personal lockers for as little as $2.99 USD per custom icon
TORONTO, ON / October 28, 2020 /KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, is pleased to announce that its Liquid Avatar platform (www.liquidavatar.com), is ready to offer users a new type of Avatar experience through the Liquid Avatar Marketplace (“Marketplace”) (www.liquidavatarmarketplace.com). With the preview site now open to the public, beginning in early November, Liquid Avatar users will be able to add custom-designed and limited availability icons from leading pop culture, comic book, fantasy, manga, and contemporary Artists. The icons will also come complete with an innovative digital authentication solution that will allow users to manage their ownership and transfer of Liquid Avatar icons, adding a collectability component to the platform.
The Liquid Avatar App, available for web, iOS and Android, empowers users to create high quality personalized digital icons from the App’s Free Creation Studio. Each icon can represent a different facet of a user’s online personality, or personas, like work, school, family, friends, gaming, social and other segments. These icons, in conjunction with KABN ID and KABN’s Self Sovereign Identity wallet and digital credentials, gives users the ability to verify, manage and control their Digital Identity and use Liquid Avatars to share permission-based data. Sharing your Liquid Avatar is as easy as sending an image through email, text or social media. Liquid Avatar puts the ownership of online identity where it belongs – in the hands of the owner — allowing users to share what information they want, when they want and with whom they want.
Through the Liquid Avatar Marketplace, users will be able to buy custom and limited availability icons from key Artists, adding to their self-created icons. Liquid Avatar users will be able to buy, store, use and, in early 2021, sell and trade custom purchased icons through their personal lockers for as little as $2.99 USD per custom icon.
With over two dozen leading artists and over 350 icons already in design, all Liquid Avatars purchased from the Marketplace will be supported with a unique Digital Certificate of Authenticity (DCA), allowing each custom icon to have its own Blockchain identifier that can be transferred from one user to another. This methodology created by the KABN Network and supported by IBM’s Hyper Leger Blockchain technologies, will allow users to buy, sell and trade custom avatars and record the transfer and ownership of these collectible icons. Once reselling and trading of Liquid Avatar custom icons is available, the Marketplace will charge a fee that will allow for the issuance, recording, and management of the DCA’s and the transfer of ownership of digitized assets.
“Using DCAs to authenticate an asset is similar to how collectibles such as sports cards, comic books, movie props, and signed memorabilia are verified in the “real” world, but adds an innovative Blockchain solution to the mix,” said RJ Reiser, Chief Business Development Officer. “We believe that digitized assets will represent a viable way for online audiences to be part of the growing collector community and that Liquid Avatar custom icons are part of the key business strategies for KABN North America’s revenue programs.”
Liquid Avatar icons can also be created and used for businesses, events, associations, and other groups to share content and offers with their known and verified users.
Additional items like t-Shirts, hoodies, and many others, featuring certain Liquid Avatars will be available for sale starting early December, and there will be a host of promotions featuring unique offers to launch the site.
“KABN North America’s mandate is to start its revenue generating program this quarter and Liquid Avatar custom icons represent a potentially significant opportunity to create revenue, promotion and value for the Company,” said David Lucatch, CEO. “Online gaming and digital and physical collectibles are multi-billion-dollar industries and anyone who knows a Fortnite player or other gamer knows that players are always looking to acquire the latest in cosmetic enhancements. These players, along with sports, comic book, movie and fantasy collectors, are the primary audiences for our custom and collectible Liquid Avatars.”
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.
KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
David Lucatch Chief Executive Officer 647-725-7742 Ext. 701 [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Posted by AGORACOM-JC
at 8:36 AM on Wednesday, October 28th, 2020
Announced the completion of the second phase of three deliverables under a contract to support a U.S. military customer, featuring the Company’s signature Tactical Awareness and Situational Control System (TASCS) and its Integrated Fires Module (IFM).
Results of phase one and two, now being summarized into a phase three report, confirm that the TASCS IFM achieves greater accuracy and faster response times on indirect fire systems like mortars, improving soldier survivability and operational effectiveness
“We’re encouraged that the results and user feedback from these live-fire exercises have further increased customer confidence in the TASCS system,” said Jeff MacLeod, KWESST Founder and CEO, who added, “We’re pleased at the rapid pace as well as the outcome of these exercises, especially with such a key U.S. military customer, who has now requested a proposal from the Company for a next phase of expanded exercises to start in early 2021.”
Ottawa, Ontario–(October 28, 2020) – KWESST Micro Systems Inc. (TSXV: KWE) (“KWESST” or “the Company”) today announced the completion of the second phase of three deliverables under a contract to support a U.S. military customer, featuring the Company’s signature Tactical Awareness and Situational Control System (TASCS) and its Integrated Fires Module (IFM).
On September 22nd, 2020, the Company announced the completion of the first deliverable to provide real-time situational awareness and targeting information from a drone to ground forces and their mortar weapons systems. The second deliverable, just completed, incorporated customer feedback from the first phase to optimize TASCS operating procedures.
The results of phase one and two, now being summarized into a phase three report, confirm that the TASCS IFM achieves greater accuracy and faster response times on indirect fire systems like mortars, improving soldier survivability and operational effectiveness.
“We’re encouraged that the results and user feedback from these live-fire exercises have further increased customer confidence in the TASCS system,” said Jeff MacLeod, KWESST Founder and CEO, who added, “We’re pleased at the rapid pace as well as the outcome of these exercises, especially with such a key U.S. military customer, who has now requested a proposal from the Company for a next phase of expanded exercises to start in early 2021.”
As stated in the Company’s announcement of September 22nd 2020, contracted exercises like this with military customers are an important phase in the process towards potential introduction into service. The Company also noted at the time that at least two other NATO military customers have similar requirements, with demonstration contracts for the TASCS IFM system currently under consideration.
About KWESST
KWESST develops and commercializes high-value ultra-miniaturized technology applications that make a critical difference to the safety and operational effectiveness of personnel in the defence and security industries. The company’s current portfolio of unique proprietary offerings include: its signature TASCSTM (Tactical and Situational Control System) for real-time awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons; the autonomous GreyGhostTM soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact; a Ground Laser Defence system to counter the emerging threat of weaponized lasers against personnel; and, the PhantomTM electronic battlefield decoy system to mask the electromagnetic signature of friendly forces with decoy signatures at false locations to deceive and confuse adversaries. All systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems including Frontline, Edge, Killswitch and ATAK (Android Tactical Assault Kit) among others. KWESST also has developmental “smart ordnance” projects including its “Shot Counter” system, which records the number and type of rounds fired, for optimized firearms maintenance and performance. The Company is headquartered in Ottawa, Canada, with representative offices in Washington, DC, London, UK and Abu Dhabi, UAE. KWESST trades on the TSX Venture Exchange under the symbol KWE.
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the timing for the commencement of trading and the plans and operations of KWESST after giving effect to the Qualifying Transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. KWESST disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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