New York, NY, Mar 3, 2022 - (ACN Newswire) - Fastbase. ("The Company", "we" and "our") (OTC: FBSE) announced today that it has acquired 24.5% of Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds and implements disruptive technologies across the Blockchain area.

Fastbase CEO Rasmus Refer said: "Etheralabs LLC's disruptive technology and products are in line with fastbase's mission to become the world's leading data provider. Fastbase's vision is always to be first with the most superior technologies to collect, analyze and provide data to companies to empower sales and marketing. Fastbase are already using advanced crawler technology, AI and with the acquisition of 24.5% stake in Etheralabs LLC, Fastbase can now access the latest blockchain technology to empower data distribution. As early as May, we expect to be able to make use of the new blockchain technology and distribute billions of data quickly and securely between companies all over the world."

Bryan Feinberg, CEO and Founder of Etheralabs, said: "Fastbase capabilities combined with our background in transforming large data ecosystems into living communities create a definitive way to leverage our background to accelerate Fastbase into one of the world's leading data analytics companies. Together with Fastbase will we develop completely new data platforms that will change the way you view and use data."

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.
https://etheralabs.io

Fastbase raises expectations for the full-year result 2022 after the strategic acquisition of the New York-based blockchain company Etheralabs.

Fastbase Inc.
140 Broadway, 46th Floor
10005 New York, United States
Phone +1- 800 490 7454
email: [email protected]
Twitter: https://twitter.com/fastbasec
https://www.fastbase.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comFastbase. announced today that it has acquired 24.5% of Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds and implements disruptive technologies across the Blockchain area.

San Francisco, March 1, 2022 - Wikisoft Corp. (the “Company,” “we,” and “our”) (OTCQB: WSFT) today announced that it has entered into a definitive...

San Francisco, February 9, 2022 - Wikisoft Corp. (the “Company,” “we,” and “our”) (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent...

San Francisco, Feb 9, 2022 - (ACN Newswire) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) 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.
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
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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.