Tag: CEO and Founder
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The intelligent bot revolution continues. Eighty-six percent of attacks against accounts are now driven by bots that have become 3 times more complex than those seen in earlier years – making it harder for security teams to detect bot signatures.
Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC
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The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.
Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity." The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.
Bryan Feinberg, CEO and Founder of Etheralabs said, "Wikisoft's capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft's entry into the global blockchain market and look forward to our ability to leverage Wikisoft's unique architecture and data environment into an active and vibrant venture community."
About Etheralabs LLC
Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io
About Wikisoft Corporation
In today's fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.
In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.
CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: [email protected]
Investor site: www.wikisoft.com
SOURCE: WikiSoft Corp.
FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWikisoft Corp. today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.
ITE signs MOU with VIZZIO to Launch New Centre of Excellence, Harnessing the Power of 3D Virtualization
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"As Singapore continues to advance its Smart Nation agenda, we need to prepare our students, adult learners and wider business community with the deep tech skills they need for future employability and decision-making. Together with VIZZIO, we are delivering a holistic curriculum, integrating education and real-world applications of 3D technologies to demonstrate the power of spatial data for industrial and smart city projects. Leveraging these emerging technologies, we are excited for what the future holds as we continue to foster Singapore's deep-tech talent and unlock new opportunities to spur innovation and digitalization," said Mr. Suresh Natarajan, Principal, ITE College Central.
As part of the MOU, VIZZIO will focus on training ITE students, ITE students, ITE lecturers and adult learners in 3D modelling and visualisation including Artificial Intelligence (AI), Building Information Modelling (BIM), Unreal Game Engine and Mixed and Virtual Reality (MR/VR). The courses are targeted at addressing three key pillars: Manpower Capability, SME Digitalization and Go-Green:
1. Boost Manpower Capability by Enhancing Teaching and Learning
VIZZIO will provide ITE with advisory services to support the development of a new multi-disciplinary curriculum for students as part of a revamped Game & Immersive Applications course. The curriculum will cover areas including built environment visualization and immersive geospatial applications to further enhance employability resilience and future readiness of ITE students.
VIZZIO will also support ITE's ambitions to drive digital education with the creation of an Avatar Teacher, with a humanized face and text-based technology support. The Avatars will be embedded into PowerPoint presentations and learning applications to provide ITE staff with support in delivering a more immersive and interactive learning experience.
Under the partnership, VIZZIO is also a sponsor for the ITE Work-Study Diploma (WSDip) that aims to develop and nurture the next generation of Singapore thinkers with real life work experience. Students can also apply for internship placements at Vizzio and have the opportunity to work and learn from the best in developing their professional skills for the future.
For adult learners looking at sharpening their deep tech knowledge and skills, VIZZO will co-develop and co-deliver training courses under ITE's Continuing Education and Training (CET) framework. ITE staff will also benefit from industry attachments to upgrade their skills. These opportunities will afford students, adult learners and staff exposure to latest industry trends and practices.
2. Drive SME digitalization in Singapore
VIZZIO and ITE will also jointly design and curate short courses on geo-spatial technologies for adult learners and the industry. By creating an edu-industry community platform, this will provide opportunities for lifelong learning, workforce adaptability by co-creating with industry and help SMEs digitalize their operations.
3. Foster Smart Learning, Smart Working
Integrating live video streaming and BIM (Building Information Modelling) technologies, VIZZIO and ITE will explore a Smart Building GIS (geographic information system) solution. This will help promote a digital ecosystem within the industry as students and SMEs can better visualize data, taking the theoretical to practical and measuring predictions or impacts more accurately and efficiently.
"3D technology is on course to become part of our everyday lives, from mapping the world around us to enabling us to experience entertainment in a whole new way. However, while 3D virtualization and Digital Twin technologies have been around for a while, they are typically complex, clunky, and expensive. At VIZZIO, we want to empower all users - from novices to digital experts - with easy and seamless access to these technologies," said Jon Li, CEO and Founder of VIZZIO. "We are thrilled to be partnering with forward-looking institutions like ITE who share our vision in bringing these technologies closer to students and the wider business community in Singapore and look forward to welcoming a new generation of talent to the world of 3D."
About VIZZIO Technologies
VIZZIO Technologies is a Singapore based, AI Modelling & Visualisation company that is on a mission to democratize and simplify 3D. Harnessing the power of 3D visualisation technologies, AI, machine learning processes, and EDGE-COMPUTING scanning hardware, VIZZIO offers an advanced yet easy-to-use platform, empowering users - from novices to digital experts across all industries - to access best-in-class 3D-as-a-Service offerings on demand, enabling anyone to co-create, virtualize and interact with digital realities. Vizzio has been spearheading the adoption of dimensionally accurate and immersive 3D capture & visualisations for Singapore's leading government agencies and companies including Singapore Civil Defense Force (SCDF), Government Technology Agency of Singapore (GovTech), National University of Singapore (NUS) and SMRT Corporation (SMRT) as well as Singapore based companies such as Capita Land, SATS, StarHub, DP Architects among others. For more information, please visit https://vizzio.ai/
About Institute of Technical Education
The Institute of Technical Education (ITE) was established as a post-secondary institution in 1992, under the Ministry of Education. ITE is a principal provider of career and technical education and a key developer of national skills certification and standards skilling Singapore for the future economy. It offers three key programmes - (1) Pre-Employment Training for youths after secondary education (2) Continuing Education and Training for adult learners and (3) Industry-Based and Work-Study Programmes with employers. Under its 'One ITE System, Three Colleges' Governance Model, ITE has three Colleges - ITE College Central, ITE College East and ITE College West. For more information, please visit https://www.ite.edu.sg
Media Contacts:
The Hoffman Agency on behalf of VIZZIO Technologies
Email: [email protected]
ITE
Jailani Nathan, Manager, Corporate & Media Relations
Email: [email protected]
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comVIZZIO Technologies, a Singapore-based technology company specialized in creating and virtualizing digital realities, today announced a three-year partnership with the Institute of Technical Education (ITE) to launch a new Centre of Excellence - the Universal Omniverse Experience Centre - at ITE College Central.
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