Global Diversified Marketing Group and Costco Wholesale Corp Enter…


Company has entered late stage discussions with Major Consumer Outlet Store Chain Costco for product marketing agreement on one of its premium brands

ISLAND PARK, N.Y., Sept. 01, 2020 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc (OTC: GDMK) pleased to report that ongoing discussions with Costco Wholesale Corporation are progressing promisingly towards an agreement whereby our premium snacks can be stocked and sold at this major consumer outlet store operation.

Plans are to begin with our very popular gourmet and successful Coco Bliss Coconut Wafer Bite Cookies on the initial Costco placement and then to explore expansion with our other premium snacks. This is an ideal time of the year to begin marketing with Costco as multiple holidays coming up and consumers are looking for new, high quality choices as the Global Diversified brands can offer.

Paul Adler, Chairman, and CEO stated, “A marketing agreement with Costco can be a major milestone event for boosting sales of the Global Diversified Marketing Group product lines to new levels that we have never seen before. Costco is one of the largest, most well recognized and trusted operations where value seeking consumers go to buy the best products in all categories and at the best prices. We are very optimistic about finalizing a marketing agreement with Costco in the near term and to begin a mutually beneficial relationship which can serve discerning Costco members well and introduce our already proven premium snack food lines to a much wider consumer base.”

About Global Diversified Marketing Group

Headquartered in Island Park, NY – Global Diversified Marketing Group Inc operates as a global multi-line consumer packaged goods (“CPG”) company with branded product lines and is a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe. The Company operates in the snacks market segment and offers Italian Wafers, Italian filled Croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks. The company sells its products directly through various distribution channels comprising specialty, grocery retailers, food-service distributors, direct store delivery (“DSD”) as well as the vending, pantry, and the micro-market segment.

About Costco Wholesale Corporation

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and offers business delivery, travel, and various other services online in various countries. As of September 1, 2019, the company operated 782 warehouses, including 543 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in South Korea, 13 in Taiwan, 11 in Australia, 2 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce Websites in the United States, Canada, the United Kingdom, Mexico, South Korea, and Taiwan. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Safe Harbor Statement
Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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: the ability of the Company to develop the Company’s brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company’s revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. 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. 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. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The foregoing statements expressly qualify any forward-looking information contained herein. 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.

Contact:

Global Diversified Marketing Group Inc

Paul Adler, Chairman, President & CEO

800-550-5996

paul@gdmginc.com



Source link

CYTTA Corp’s Emergency Response Team Deployed To Texas at the Request…


Providing the Communications Infrastructure for First Responders During Hurricane Laura

Las Vegas , Aug. 31, 2020 (GLOBE NEWSWIRE) — — Cytta Corp (OTCPINK: CYCA) Last week Cytta received an activation request from Texas Public Safety officials to assist during Hurricane Laura. Cytta was asked to be available to deploy their IGAN Fusion communication platform in conjunction with the other members of the North Texas Public Safety Unmanned Response Team (NTXPSURT) and all other first responders deploying to any local disaster area.

Standard cellular-based communication networks typically fail or are unreliable during and after extreme weather conditions, creating a problem for first responders who need to share information with their peers. The Cytta IGAN Fusion is a self-reliant communication platform that can be set up in less than an hour. It works in emergency situations and provides first responders low-latency video and audio communications for better situational awareness of the disaster area and front lines.

Cytta’s Technical Advisory Team consisting of First Responders, Military and other industry experts informally known as, “Cytta Force,” attended in Texas to support NXTPSURT’s efforts and manage the IGAN Fusion emergency communications network, which is designed to connect multiple police stations, fire departments, and first responders in any situation.

“We are immensely proud of all of the Cytta Force team members who voluntarily responded to the call to utilize our technology and their skills to assist the public in this emergency situation.” said Gary Campbell, CEO of Cytta Corp. “Cytta Corp created the IGAN Fusion so that first responders could share video and audio information through an Incident Command communication network, very quickly. When police, fire, and first responders have a communication network that they can all utilize together, everyone in every department has more information at their fingertips, allowing them to improve response times and make better decisions.”

Police and fire departments across the United States rely on video and audio communication tools to ensure that residential neighborhoods, government buildings, and other critical infrastructure are secured during natural disasters. The IGAN Fusion has become the go-to video and audio communications platform that first responders are using during emergency response to get a bird’s eye view in real-time. This platform is built for distributing actionable information that helps first responders navigate difficult communication obstacles that are faced during natural disasters.

About Us

Cytta Corp (OTCPINK: CYCA) brings technology from military to enterprise. Our proprietary SUPR Stream, the most powerful codec in the world, is the technology at the core of our products, designed specifically for streaming and storing HD, 4K, and higher resolution video. The IGAN Matrix seamlessly streams and stores all relevant video and audio during emergency situations. This creates real-time situational awareness for police, firefighters, first responders, military and their command centers.

Cytta Corp products work in size, weight, and power-constrained (SWaP) operating environments, and evolved through use in the military by meeting the need to stream multiple HD, 4K, and 4K+ video feeds with ultra-low latency, bandwidth, and power consumption. Cytta is taking this streaming, storage, and transfer technology to enterprises that would like to send more high-quality videos with fewer resources. Cytta manufactures all their products in the USA. For more information, please visit Cytta.com and/or the Cytta Video Channel on YouTube for our new Video highlighting the emergency rescue applications of the IGAN Fusion.

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms “anticipate”, “believe”, “estimate”, “expect”, “may”, “objective”, “plan”, “possible”, “potential”, “project”, “will”, and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

CONTACT: Cytta Corp www.cytta.com Office (855) 511-4426 info@cytta.com Gary Campbell, CEO Direct (702) 900-7022 Gary@cytta.com Michael Chermak, Chief Administrative and Investment Officer Cell: (619) 977-7203 Chermak@Cytta.com Corporate Communications Contact: Complete Advisory Partners Office: (586) 228-2290 Cell: (586) 801-9002 Email: CapInc@comcast.net



Source link

Cytta Corp Live-Streams its revolutionary Incident Command System,…


Demonstrating our Foundational IGAN Technology to the Los Angeles First Responder Infrastructure

Las Vegas , Aug. 20, 2020 (GLOBE NEWSWIRE) — — Cytta Corp (OTCPINK: CYCA) This morning, in an exercise dubbed ‘Operation Baywatch,” Cytta will be live-streaming an exercise utilizing our IGAN Fusion incident command systems paired with UAS systems. The exercise will be conducted with the Los Angeles Fire Department, and the LA ‘Baywatch’ Lifeguards and various first responder affiliates, on the beaches and in the ocean of California.

The live exercise is scheduled to begin streaming today at 9:30 am Pacific Daylight Time. Please click the following link Cytta Live Stream Link or just go to the Cytta Video Channel on YouTube and look for the live video.

Cytta’s revolutionary Incident Command System, IGAN Fusion, will be utilized to assist the LA Fire Department and LA County Lifeguard’s, a division of the LA County Fire Department, in the operation. We have been invited to conduct an exercise where the IGAN Fusion paired with UAS technology is used to locate and assist drowning victims stranded along the shore.

The use of UAS to deliver lifesaving assistance, while utilizing the IGAN Fusion to maintain real time Situational Awareness, interoperability, and secure and reliable communications, is critical in the success of these scenarios.

The Los Angeles Fire Department, and the LA County Lifeguards and other first responders in the area, want to provide faster response times with more accurate information. This requires video streaming capabilities and 2-way communication with first responders. The IGAN Fusion can bring all these data streams together and seamlessly provide life-saving information to first responders’ fingertips with ultra-low latency.

“The Los Angeles Fire Department and LA Lifeguards have brought together a few departments to see how the IGAN Fusion can help create interoperability between departments and hardware,” said CEO of Cytta Corp, Gary Campbell. “Operation Baywatch represents another significant opportunity to showcase our technology.”

Today’s live demo in Los Angeles is showing how IGAN Fusion is the future of communication systems for police, firefighters, and other first responders.

About Us

Cytta Corp (OTCPINK: CYCA) brings technology from military to enterprise. Our proprietary SUPR Stream, the most powerful codec in the world, is the technology at the core of our products, designed specifically for streaming and storing HD, 4K, and higher resolution video. The IGAN Matrix seamlessly streams and stores all relevant video and audio during emergency situations. This creates real-time situational awareness for police, firefighters, first responders, military and their command centers.

Cytta Corp products work in size, weight, and power-constrained (SWaP) operating environments, and evolved through use in the military by meeting the need to stream multiple HD, 4K, and 4K+ video feeds with ultra-low latency, bandwidth, and power consumption. Cytta is taking this streaming, storage, and transfer technology to enterprises that would like to send more high-quality videos with fewer resources. Cytta manufactures all their products in the USA and is in compliance with recent DOD ‘Blacklist Clause’ pronouncements. For more information, please visit Cytta.com and/or the Cytta Video Channel on YouTube for our new Video live streaming Operation Baywatch.

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms “anticipate”, “believe”, “estimate”, “expect”, “may”, “objective”, “plan”, “possible”, “potential”, “project”, “will”, and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

CONTACT: Cytta Corp www.cytta.com Office (855) 511-4426 info@cytta.com Gary Campbell, CEO Direct (702) 900-7022 Gary@cytta.com Michael Chermak, Chief Administrative and Investment Officer Cell: (619) 977-7203 Chermak@Cytta.com Corporate Communications Contact: Complete Advisory Partners Office: (586) 228-2290 Cell: (586) 801-9002 Email: CapInc@comcast.net



Source link

Global Diversified Marketing Group Positioned for Future Growth…


ISLAND PARK, N.Y., Aug. 11, 2020 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc (OTC: GDMK) reported results for its second fiscal quarter ended June 30th, 2020.

Highlights for the three months ended June 30th, 2020 were as follows:

  • Revenues were $253,341 for the 2020 period compared to $418,638 during the same three months ended June 30th, 2019 while most of the quarter has been shut down.

  • Excluding a one-time $120,000 non-cash charge for stock-based compensation relating to stock issuance, operating expenses were $124,800 compared to $141,455 in the prior period.

  • For the six months ended June 30th, 2020, after excluding stock-based compensation, the Company’s operating loss was $51,232 compared to $53,389 in the prior year.

  • Secured New Distribution with over 350 Grocery Outlet Locations

  • Signed an Agreement with AATAC to Expand and Rollout our products in over 80,000 locations

  • Rapidly Growing Amazon Sales

“Paul Adler, Chairman, and CEO stated, “Despite the impact of COVID-19 and having the toughest quarter in company’s history we were still able to generate significant revenue during a quarter while 70% of the economy has been shut down for majority of the quarter. Also, our loss from operations after deducting special non-cash items remained comparable to last year. Mr. Adler further stated, “Before the onset of COVID-19 we were on track to generate significant revenue increase in Q-2 and become profitable from operations. As previously announced during Q-2, we have added Grocery Outlet as a new account and signed an agreement with AATAC to expand and rollout our products in over 80,000 Retail Outlets. Our exceptionally lean overhead structure allows us to be very well positioned to benefit and grow our revenues.

About Global Diversified Marketing Group

Headquartered in Island Park, NY – Global Diversified Marketing Group Inc operates as a global multi-line consumer packaged goods (“CPG”) company with branded product lines and is a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe. The Company operates in the snacks market segment and offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks. The company sells its products directly through various distribution channels comprising specialty, grocery retailers, food-service distributors, direct store delivery (“DSD”) as well as the vending, pantry, and the micro-market segment.

Safe Harbor Statement

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations, and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations, or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results could differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Non-GAAP Financial Measures

This press release contains a non-GAAP financial measure. The Company believes that, in addition to other financial measures, “Adjusted Net Profit (Loss)” is an appropriate indicator to assist in the evaluation of its operating performance on a period-to-period basis. “Adjusted Net Profit (Loss)” should be considered as a supplement to, not a substitute for, operating income, net income or other financial performance measures prepared in accordance with U.S. generally accepted accounting principles.

Contact:

Global Diversified Marketing Group Inc
Paul Adler, President & CEO
800-550-5996
paul@gdmginc.com



Source link

Emerging Markets Report: A Pretty Good Run


An Emerging Markets News Commentary

ORLANDO, Fla., Aug. 10, 2020 (GLOBE NEWSWIRE) — Just last month we ran an editorial about Global Diversified Marketing Group Inc (OTC: GDMK) which had seen an exceptional increase in sales due to Covid-driven Amazon buyers. The food and snack manufacturer, importer and distributor had found an-all new audience products like its popular macarons.

What we didn’t know at the time was that it was just the beginning of a rapid market expansion for the Company. Take a look at the last few releases:

Global Diversified Marketing Group Secures New Distribution by Expanding into Restaurant Depot Stores Nationwide

Our take: This new relationship with the well-established Restaurant Depot could be catalytic for the Company’s domestic expansion. Simple inclusion in the member’s only Restaurant Depot product offering will give Global tremendous exposure to an ideal list of independent food businesses. Full release here.

Global Diversified Marketing Group Inc. Announces a Full-Scale Nationwide Distribution Effort with New Line of Gluten-Free Macaron Cookies in All Channels of Trade After a Strong Demand at T.J. Maxx, Marshalls and HomeGoods Stores.

Our take: This release is a blazer because it simultaneously confirms success in a soft-launch of an all-new gluten-free macaron line in a rapidly growing category that was no guarantee to sell and a subsequent national roll-out of the product. If you’re looking for lines of future revenue a ‘full scale nationwide distribution effort’ are words you want to see. Full release here.

Global Diversified Marketing Group Partners with Ruttensteiner to Distribute its Products in Austria and EU Markets

Our take: A definite expand-the-brand move. Ruttensteiner has been connecting products to major European chains, hotel industry, gastronomy, catering and food retail since 1993. It is worth noting that via this agreement Global will be taking products of European provenance back to European consumers. Full release here.

Collectively, that’s a pretty good run for a year, let alone a one-month period.

For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php

About Global Diversified Marketing Group Inc.

Headquartered in Island Park, NY, Global Diversified Marketing Group Inc. operates as a food and snack manufacturer, Importer & distributor through its subsidiary in the United States, Canada and Europe. The company operates through snacks segment. The snacks segment offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf stable Macarons and other gourmet snacks. The company sells its products direct and through various distribution channels comprising specialty, grocery retailers, food-service distributors, DSD as well as vending, pantry and micro market segment.

About Emerging Markets Consulting LLC

Based in Clermont, Florida, Emerging Markets Consulting, LLC (EMC) brings over 40 years combined experience in the investor relations industry. EMC is an international investor relations firm with affiliates around the world. EMC is relationship-driven and results-oriented with the goal of seeking attractive emerging companies and concentrating its resources and efforts to serve a limited number of high-quality clients. For more information, visit EMC’s website at www.emergingmarketsllc.com.

Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom. EMC does not verify or endorse any medical claims for any of its client companies.

EMC has been paid $22,500 by Global Diversified Marketing Group Inc. for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial. http://emergingmarketsllc.com/disclaimer.php

Emerging Markets Consulting, LLC
Florida Office
15701 State Road 50, Suite #205
Clermont, FL 34711
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com



Source link

Cytta Corp. Sells Additional SUPR Stream Units to UK MOD Advanced…


Making our Technology Foundational to the Communication Systems for the British Military

Las Vegas , Aug. 10, 2020 (GLOBE NEWSWIRE) — — Cytta Corp (OTCPINK: CYCA) Cytta Corp has sold a new round of SUPR Stream units to the Electronic Warfare and Surveillance development group within the British Ministry of Defense (UK MOD). This group is tasked with evaluating and developing foundational technologies for future warfare capability. This marks the third round of SUPR Stream purchases in just the past year from the British Military and will create multiple additional integration opportunities.

The UK MOD are continuing to integrate their intelligence, surveillance, and reconnaissance (ISR) systems with Cytta Corp. SUPR products. This exciting advancement in the relationship between Cytta Corp and the British Military is based on successful results and demonstrated value of the SUPR technology leading to their desire to evaluate and create advanced capabilities.

In 2019, Cytta Corp successfully sold, integrated, and demonstrated the efficacy of our initial compression product, the SUPR Stream V1000, within the British Military’s ISR systems. Today, Cytta Corp’s SUPR Stream is used throughout the British defense systems for various classified uses.

“The Cytta development team has worked extensively with our British Five Eyes counterparts throughout the past two years to ensure the UK MOD is fully supported in all of the SUPR Stream technologies capabilities,” said CEO of Cytta Corp, Gary Campbell. “The demonstrations were designed to identify the multiple use case scenarios where Cytta video compression systems could be incorporated into immediate operational situations. They will continue to require additional and modified configurations of the SUPR/IGAN Systems.”

As the military expands their video, image and audio communication systems, we expect there will be an increasing demand for SUPR/IGAN integration throughout all military groups. Our high-quality video compression technology will continue to be foundational in secure communications systems designed to facilitate observations and orientation necessary for timely and correct decisions and actions into the foreseeable future.

Please connect with us at www.cytta.com to learn more.

About Us

Cytta Corp (OTCPINK: CYCA) brings technology from military to enterprise. Our proprietary SUPR Stream, the most powerful codec in the world, is the technology at the core of our products, designed specifically for streaming and storing HD, 4K, and higher resolution video. The IGAN Matrix seamlessly streams and stores all relevant video and audio during emergency situations. This creates real-time situational awareness for police, firefighters, first responders, military and their command centers.

Cytta Corp products work in size, weight, and power-constrained (SWaP) operating environments, and evolved through use in the military by meeting the need to stream multiple HD, 4K, and 4K+ video feeds with ultra-low latency, bandwidth, and power consumption. Cytta is taking this streaming, storage, and transfer technology to enterprises that would like to send more high-quality videos with fewer resources. Cytta manufactures all their products in the USA. For more information, please visit Cytta.com and/or the Cytta Video Channel on YouTube for our new Video highlighting the Military ISR applications of SUPR Stream.

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms “anticipate”, “believe”, “estimate”, “expect”, “may”, “objective”, “plan”, “possible”, “potential”, “project”, “will”, and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

CONTACT: Cytta Corp www.cytta.com Office (855) 511-4426 info@cytta.com Gary Campbell, CEO Direct (702) 900-7022 Gary@cytta.com Michael Chermak, Chief Administrative and Investment Officer Cell: (619) 977-7203 Chermak@Cytta.com Corporate Communications Contact: Complete Advisory Partners Office: (586) 228-2290 Cell: (586) 801-9002 Email: CapInc@comcast.net



Source link

SmartMetric Biometric Contactless Credit and Debit Cards Are the…


SmartMetric, Inc. (OTCQB: SMME) says that in the brave new world post Covid-19 it has become clear that consumers are wanting to lessen their exposure to public touch points when navigating the out-of-home world.

Leaving the confines and safety of a person’s home takes the consumer into a shopping environment where they can expose themselves to virus infection. One of the common points of risk exposure is at the checkout counter. A credit and debit card key pad that is not cleaned after every transaction has become a serious touch point that can transfer viruses from one customer to another.

Mitigating the risk of the payment card touch keypad when entering a PIN to complete a transaction is something that is now a public health issue. Obviously, the best solution is to have no keypad entry needed when making a transaction.

While most credit and debit cards are now what is called contactless, the contactless transaction is dollar amount limited. Because a contactless card is inherently insecure, for transactions generally over $20.00 you are still required to put in your PIN at the checkout. Low transaction limits along with the need to touch the checkout keypad don’t make contactless card transactions as they are now designed an answer to true non-touch card usage at the checkout.

Contactless card transactions to buy a cup of coffee work fine. It is when you have just bought $150.00 of groceries that you have issues. Presently for such a purchase there is no getting around the requirement of using a keypad that usually between 10 and 20 people touch between store cleaning wipedowns.

The SmartMetric biometric credit and debit card is the perfect solution for true non-contact card use. With its built-in fingerprint sensor on the card that scans the card holders’ fingerprint when they touch the surface of their card. Their card scans their fingerprint, matches it with their fingerprint stored inside the card and in less than half a second authenticates the card user and turns on the card to send and receive a contactless signal to the reader.

Using a card user’s own biometrics stored inside their own credit or debit card is far more secure in validating the authentication of the card user than the weaker security of a four digit PIN. It is now not only more secure than a PIN but allows the contactless credit or debit card to be used without the very low point of sale dollar transaction imposed on current contactless cards. All without the need to touch a suspect unclean card touch pad.

“We see consumer behavior being forever changed post Covid-19 with consumers still wanting to reach for their card to make a payment, but not wanting to touch PIN pads and readers at the checkout,” said today SmartMetric’s President and CEO, Chaya Hendrick.

SmartMetric is ready to move aggressively forward in making available its new card to credit and debit card issuing Banks around the world, in association with the its global banking partners.

SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card To view the company website: www.smartmetric.com

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200804005956/en/

Contacts

Investor Relations
Steffan Dalsgaard
(415) 250-0105

SmartMetric, Inc.
Chaya Hendrick
President & CEO
3960 Howard Hughes Parkway, Suite 500
Las Vegas, Nevada. 89169 USA
Tel: (702) 990-3687
ceo@smartmetric.com
www.smartmetric.com



Source link

Global Diversified Marketing Group Partners with Ruttensteiner to…


Global Diversified Marketing Group unveils partnership with Ruttensteiner to sell its folio of products in Austria and EU markets.

Ruttensteiner

Creating Solutions Since 1993

Creating Solutions Since 1993

Creating Solutions Since 1993

ISLAND PARK, N.Y., Aug. 04, 2020 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc (OTC: GDMK) announces that it has partnered with Ruttensteiner to distribute its folio of products in Austria and European Union markets. The company’s products include, Italian Croissants, Italian Wafers, Shelf Stable Macarons and French Madeleines. Ruttensteiner has built strong relationships with major European chains and has been serving the market since 1993.

Introducing our products to the European Union is a major accomplishment. The ability to expand our market share where our products are understood and appreciated is a new corporate milestone for Global.

CEO Paul Adler commented, “Our entire team at Global Diversified Marketing Group is extremely pleased with the Ruttensteiner partnership. Our European Union market entry marks an important step in furthering our mission of increasing accessibility to our products. This additional global market channel will be a significant part of company’s growth while adding a global footprint. Having our products availability in Global markets shows our expansion and growth capabilities.”

Ruttensteiner’s focus is on the hotel industry, gastronomy, catering and food retail. Ruttensteiner relationships include Lidl, Hofer, Spar, Rewe Austria, Migros and Aldi. The company will handle warehousing and distribution of products to the retail accounts. Founder Dietmar Erwin Ruttensteiner commented, “We are extremely excited to work with Global Diversified Marketing Group and its CEO to penetrate European Markets with their products.”

About Global Diversified Marketing Group

Headquartered in Island Park, NY – Global Diversified Marketing Group Inc operates as a food and snack manufacturer, Importer & distributor through its subsidiary in the United States, Canada and Europe. The company operates through snacks segment. The snacks segment offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf stable Macarons and other gourmet snacks. The company sells its products direct and through various distribution channels comprising specialty, grocery retailers, food-service distributors, DSD as well as vending, pantry and micro market segment.

About Ruttensteiner

Ruttensteiner operates as a market entry importer and distributor and leverages their contacts and relationships to a chain of grocery stores in the EU markets. The company offers products in various categories, such as grocery, dairy and deli, produce and refrigerated.

Safe Harbor Statement

Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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: the ability of the Company to develop the Company’s brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company’s revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. 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. 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. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The foregoing statements expressly qualify any forward-looking information contained herein. 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.

Contact:
Global Diversified Marketing Group Inc
Paul Adler, Chairman, President & CEO
800-550-5996
paul@gdmginc.com

Investor Relations:
Emerging Markets Consulting LLC
15701 State Road 50 Suite 204
Clermont, Florida 34711
48 Wall Street 5th floor
NY, NY 10005
Office 321-206-6682
www.emergingmarketsllc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/05079556-f8ad-444c-9a0c-1e03c26946b8



Source link

CYTTA Corp Announces Sale of Core Products to New Market Vertical


Reducing Costs and Increasing Safety during Inspections of Energy and Electrical Infrastructure.

Las Vegas , Aug. 03, 2020 (GLOBE NEWSWIRE) — – Cytta Corp (OTCPINK: CYCA) Cytta Corp announced the sale of its real time video and audio streaming communications platform, the IGAN Fusion, to a commercial client for energy and powerline inspections with sUAS (small unmanned aircraft systems) and other systems.

This sale opens a substantial new market vertical as Cytta Corp’s technology proves valuable for the inspection of all types of critical infrastructure. The energy and power management industry struggles with maintaining their infrastructure and providing adequate, regular inspections. With over 200,000 miles of power lines, and 55,000 miles of pipeline in the United States, companies are struggling with the costs associated with driving to inspection sites and using expensive alternatives.

In some states, Companies have faced enormous liabilities for damage and loss of life caused by failure to properly inspect existing powerlines. In a response to two years of devastating wildfires Pacific Gas & Electric, California’s largest utility, filed for bankruptcy protection in January as its estimated liability from recent wildfires exceeds $30 billion.

In the past, cost effective drone inspections were stuck with poor video quality and an inability to execute over-the-horizon realtime streaming. Cytta Corp’s IGAN and SUPR technologies are a paradigm shift that will enable this industry to cover many more miles, faster, safer, cheaper and with greater reliability.

Cytta Corps’ existing video management solution, the IGAN Fusion, is a perfect fit for live-streaming inspection feeds to professionals anywhere on earth. Being able to live-stream high quality video in real time, is a powerful new tool allowing diverse industries to easily and efficiently conduct examinations of all their far-flung assets and infrastructure. And when combined with our SUPR system, IGAN allows operation in low bandwidth utilizing LEO satellite connectivity.

“The inspection requirements of utility and energy companies nationwide represent a significant operating challenge and expense. The devastating wildfires in California and resulting multi-billion-dollar settlements brought home the need for improved and more efficient inspections,” says Gary Campbell, CEO of Cytta Corp. “IGAN/SUPR live-streams high quality video feeds of assets directly to inspectors anywhere and anytime, opening the door to other markets like real estate, infrastructure, O&G and energy”

About Us

Cytta Corp (OTCPINK: CYCA) brings technology from military to enterprise. Our proprietary SUPR Stream is the technology at the core of our products, designed specifically for streaming and storing HD, 4K, and higher resolution video. The IGAN Matrix seamlessly streams and stores all relevant video and audio during emergency situations. This creates real-time situational awareness for police, firefighters, first responders, and their command centers.

Cytta Corp products work in size, weight, and power-constrained (SWaP) operating environments, and evolved through use in the military by meeting the need to stream multiple HD, 4K, and 4K+ video feeds with ultra-low latency, bandwidth, and power consumption. Cytta is taking this streaming, storage, and transfer technology to enterprises that would like to send more high-quality videos with fewer resources. Cytta manufactures all their products in the USA. For more information, please visit Cytta.com and/or the Cytta Video Channel on YouTube.

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms “anticipate”, “believe”, “estimate”, “expect”, “may”, “objective”, “plan”, “possible”, “potential”, “project”, “will”, and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

CONTACT: Cytta Corp www.cytta.com Office (855) 511-4426 info@cytta.com Gary Campbell, CEO Direct (702) 900-7022 Gary@cytta.com Michael Chermak, Chief Administrative and Investment Officer Cell: (619) 977-7203 Chermak@Cytta.com Corporate Communications Contact: Complete Advisory Partners Office: (586) 228-2290 Cell: (586) 801-9002 Email: CapInc@comcast.net



Source link

Global Diversified Marketing Group Inc. Announces a Full-Scale…


Macaron 5-Packs

Macaron 5-Packs

ISLAND PARK, N.Y., July 29, 2020 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc. (OTC: GDMK) announces today that it will be gearing up for a full-scale distribution effort nationwide in all channels of trade after a soft launch of its brand-new line of Gluten-Free Macaron cookies under its Flagship Biscottelli brand. The brand was launched at TJ Maxx, Marshalls & HomeGoods stores and have shown a strong demand. These macarons are made using French recipe and adds a modern twist of being shelf stable compared to typical macarons which requires refrigeration. The line-up includes four varieties: Chocolate, Vanilla, Lemon and Salted Caramel. Macarons come in a box of five individually wrapped cookies for convenience on a go.

Sales growth of snacks in the U.S. 2019-2020. Recent events have encouraged consumers to not only stock up on essential but snack foods as well, with cookie variety packs purchases increasing by around 20.3 percent compared to the same week a year ago.

According to FOOD DIVE snacking is preferred to eating meals for 59% of adults worldwide. For millennials, that figure jumps to 70%, according to Mondelez International’s “State of Snacking” report. The report was released on Monday and conducted with The Harris Poll.

“We are passionate about creating perfect snack” added Adler. We will continue to innovate and bring high quality snacks to satisfy the appetite of our consumers.”

About Global Diversified Marketing Group Inc.

Headquartered in Island Park, NY – Global Diversified Marketing Group Inc. operates as a food and snack manufacturer, Importer & distributor through its subsidiary in the United States, Canada and Europe. The company operates through snack segment. The snacks segment offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines and now shelf stable Macarons and other gourmet snacks.

The company sells its products direct and through various distribution channels comprising specialty, grocery retailers, food-service distributors, DSD as well as vending, pantry and micro markets.

Safe Harbor Statement

Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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: the ability of the Company to develop the Company’s brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company’s revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. 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. 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. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The foregoing statements expressly qualify any forward-looking information contained herein. 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.

Company Contact:
Global Diversified Marketing Group Inc.
Paul Adler, Chairman, President & CEO
800-550-5996
paul@gdmginc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0cec704b-1df9-4f69-9540-7faf601fbaea



Source link