Santa Monica, CA - May 14, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher", or "the Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced today that it has signed an OEM Licensing Agreement with Shadalane, a leading US-based AKC kennel who is currently launching its own private-label accessories and will add Gopher's wireless mesh networking technology to its product line. The final solutions are envisioned as private-labeled devices attachable to pet collars, leashes and garments.
The agreement is for three years and covers North America. Shadalane will eventually be responsible for the production of the Gopher technology-based devices.
"We are very happy to announce this, hopefully the first of many OEM agreements licensing our patented and patent-pending technology to partners who are experts in specific markets," stated Doug Davis, Gopher's Chief Executive Officer. "We see our partner Shadalane as an award-winning kennel who attends shows and other events at the highest levels of the pet market. We are happy to help them start their sales campaign not only through their busy event schedule, but as a series of private-label devices and accessories available online through multiple channels."
About Gopher Protocol Inc.
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. Gopher's system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
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.
Dr. Danny Rittman, CTO
Gopher Protocol Inc.
VM Only 888-685-7336
SOURCE: Gopher Protocol Inc.
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