Thank you to all the people who have supported the Snipitz project from the initial stages. The Snipitz project was started as a small idea on the Internet some time ago. The idea was simple, to create a new, fresh and innovative method to distribute information on the Internet. The Snipitz project grew as a result of the support from the community of Cryptopronetwork. On this day, the team of Snipitz and Gen2 Technologies have finalised all necessary documents and have signed a Memorandum of Understanding, which will ensure the development and distribution of the Snipitz project. This new distribution method will help distribution of information on the Internet and create a new, new form of payment from the community. ~~
The MoU was signed in the presence of Hon. Mahachandran Ravindran, Minister of Information and Communication Technology, Government of Kerala, Hon. N. Chandrasekaran, Secretary, Department of Information Technology, Government of Kerala, Hon. Rajeev Chandrasekhar, Director, Centre for Development of Advanced Computing, Government of Kerala, Hon. R. Balasubramaniam, Secretary, Department of Information Technology, Government of Kerala, Hon. V. Subramaniam, Secretary, Department of IT, Government of Kerala, Hon. P. P. Chandy, Chief Minister, Government of Kerala, Hon. P. P. Vinayagamoorthy Namboodiri, Governor of Kerala,
Gen2 Technologies Inc. (OTC: MNIZ) is delighted to announce that it has signed an MoU with Snipitz, a sophisticated social media platform with a strong user interface (UI) intended to provide unique viewing capabilities, particularly on mobile phones, after extensive discussions.
The MoU will be subject to further due diligence and particular time constraints in the following areas:
- To enable Gen2 Technologies to use Snipitz’s UI as a front-end to the Iris Media Network, sign a white-label agreement.
- Execute a possible license deal with Snipitz to allow them to utilize Gen2’s IP, including radial and camera technologies.
- Examine future possibilities, such as investment and the opportunity to make the first offer on a property.
“I am looking forward to collaborating with Gen2 – a business whose primary emphasis and technology matches ours,” said Mr. Denny Darmo, CEO of Snipitz. I, along with the rest of the Snipitz team, will continue to concentrate on developing solutions that provide a really unique and engaging user experience. Finally, we want to be one of the most popular social media platforms, which aligns with Gen2 Technologies’ goals.”
“We have been pleased with the UI and, more significantly, the emphasis on user experience provided by the Snipitz team,” said Mr. Michael Kovacocy, CEO of Gen2 Technologies. We’re excited to overlay a comprehensive UI atop our Iris Media Network, saving time and money while maintaining quality in our go-to-market approach. This MoU is also a step forward in our attempts to commercialize our intellectual property, particularly in non-camera technologies, which we think we can license to partners and reduce latency and other important performance metrics.”
Please contact the Company by email at [email protected] if you have any additional questions.
Gen2 Technologies Inc. is a company that specializes in software development (OTC PINK: MNIZ), According to the Private Securities Litigation Reform Act of 1995, the preceding includes “forward-looking statements.” The safe harbor provisions of the federal securities laws are designed to protect forward-looking statements. Forward-looking statements, on the other hand, often include terms like “will,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “is targeting,” “may,” “should,” “poised,” and other similar phrases.
Forward-looking statements are based on current assumptions and opinions held by management and are not assurances of future performance. As a consequence of risks and uncertainties, including those disclosed in any of our previous SEC filings, our actual business, financial condition, or results of operations may vary significantly from those indicated by forward-looking statements.
Furthermore, such statements may be influenced by risks and uncertainties relating to I the commercialization of our recently acquired helmet camera, (ii) the continued development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues.
Forward-Looking Statements are only accurate as of the date they are made, and the business assumes no responsibility to update or modify any Forward-Looking Statements as a result of new information, future events, or otherwise. Any subsequent public comments or disclosures that change any of the forward-looking statements in or accompanying this news release will be considered to replace those statements in this news release. This release does not include information from Gen2 Technologies Inc.’s website, http://www.brkgen2.com.
Disclaimer: The information in this post is not meant to be investing, financial, technical, tax, or legal advice. This material is only for educational purposes. Readers are encouraged to do their own research. The Capital is not liable for any harm or loss caused or claimed to be caused by reliance on any of the information in this article, whether directly or indirectly.