New York, NY -- December 3, 2020 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST), an international telecommunication, technology and
fintech service provider, and Alternet Systems, Inc. (USOTC:
ALYI), an electric vehicle (EV) innovator, meet today to
advance a previously announced joint design program to codevelop
two-way device communication solutions specific to the EV operating
environment. Today, the two companies are meeting face to
face in Dallas, in the design lab of ALYI’s EV engineering
partner, MODUS.
The two companies have agreed in advance to specific COVID19
mitigation protocols.
IQST and ALYI recently announced a letter
of intent (LOI) agreement for IQST’s Internet of Things (IoT)
development team to combine efforts with ALYI’s EV engineering and
design program to codevelop two-way device communication solutions
specific to the EV operating
environment.
ALYI’s first generation EV program
includes multiple electric motorcycles. One is designed for,
among other applications, utilization within the rideshare
(exemplified by Uber and Lyft services) sector in Africa evolving
the prevailing robust motorcycle taxi (Boda)
market away from combustion powered
vehicles.
ALYI has also designed and developed
the Retro ReVolt Electric
Motorcycle based on the historic BMW R71 motorcycle
that will be coming soon to North America. ALYI plans to
start taking orders for the Retro ReVolt Electric Motorcycle later
this month.
The purpose of the meeting in Dallas today
at the MODUS design labs is so that the two teams can have hands on
access to ALYI’s electric
motorcycle.
IQST subsidiary IoT Labs
MX specializes in Internet of Things (IoT) design and
development to include wireless and vehicle telematics space that
provide telematics solutions. IoT Lab MX, among other
products, has developed the IoT Smart Gas Platform
(www.iotsmartgas.com).
IoT Labs MX and MODUS plan to work jointly
to develop two-way device communication (www.iotsmartev.com)
in the Revolt Electric Motorcycles with, among others, the
following functions:
-
- Geolocation
- Battery
Management
- Theft and
Accident Interfacing with Emergency
Services
- Remote
Maintenance Management
- Vehicle Body and
Component Leasing
Management
- Driver and
Passenger Personal Mobile Device
Interface
- Rideshare System
Interface
To learn more about Alternet Systems,
Inc., visit www.alternetsystemsinc.com.
To learn more about the Revolt Motorcycle,
visit www.revoltmotorbikes.com.
To learn more about MODUS,
visit www.modusai.co.
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
About iQSTEL Inc
(Updated):
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com) is a US-based publicly-listed company
offering leading-edge Telecommunication and Technology Services for
Global Markets, with presence in 13 countries. The company
provides services to the Telecommunications, Financial
Services, Liquid Fuel Distribution and Electric Vehicle Industries.
iQSTEL has 3 Business Divisions: Telecom, Technology and Fintech,
with worldwide B2B and B2C customer relations operating through its
subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT
Labs, and itsBchain. The Company has an extensive portfolio of
products and services for its clients: SMS, VoIP, 4G & 5G
international infrastructure connectivity, Cloud-PBX, OmniChannel
Marketing, IoT Smart Gas Platform, IoT Smart Electric Vehicle
Platform, Mobile Number Portability Application MNPA (Blockchain),
Settlement & Payments Marketplace (Blockchain), Visa Debit
Card, Money Remittance, and Pay Mobile Phone Services among
others.
About Etelix.com USA LLC
(iQSTEL´s Telecom
Division):
Etelix.com USA LLC (www.etelix.com) is a wholly owned
subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami,
Florida-based international telecom carrier founded in 2008 that
provides telecom and technology solutions worldwide, with
commercial presence in North America, Latin America, and Europe.
Enabled by its 214-license granted by the Federal Communications
Commission (FCC), Etelix provides International Long-Distance voice
services for Telecommunications Operators (ILD Wholesale), and
Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix was founded in 2008 and has been profitable since
inception.
About SwissLink Carrier AG
(iQSTEL´s Telecom
Division):
SwissLink Carrier
AG (www.swisslink-carrier.com) is
a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a
Switzerland based international Telecommunications Carrier founded
in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink
Carrier AG is a Swiss licensed Operator, having a domestic
Interconnect with Swisscom, allowing their international Carrier
Customers direct terminations via SwissLink into all Switzerland
Fix & Mobile Networks. Since the takeover from Swissphone in
November 2018 and the rename into SwissLink, they operate on a
profitable level.
About QGlobal SMS LLC
(iQSTEL´s Telecom
Division):
QGlobal SMS LLC (www.qglobalsms.com) is a 51%
owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company
and a commercial brand founded in 2020 specialized in international
and domestic SMS termination, with emphasis on the Applications to
Person (A2P) and Person to Person (P2P) for Wholesale Carrier
Market and Corporate Market in US. QGlobal SMS has commercial
presence in US, Mexico, Latin America, EMEA (Europe, Middle East,
Asia) and Africa, through our SMS service providers based in
Austin, TX and Miami, FL Our Austin-based SMS service provider is
specialized in the SMS traffic exchange between US and Mexico, and
our Miami-based SMS service provider is focused in the development
of Latin America and the rest of the world. QGlobal SMS has robust
international interconnection with Tier1 SMS Aggregators,
guarantying its customers high quality and low termination rates,
over more than 100 countries worldwide.
About Alcyon Cloud SMS
S.A.S, Commercial Brand SMSDirectos.com (iQSTEL´s
Telecom
Division):
Alcyon Cloud SMS S.A.S.
(Commercial Brand SMSDirectos.com), is a whole subsidiary of
QGlobal SMS, a Colombian-based Application and Content Provider.
Alcyon Cloud SMS (SMSDirectos.com) is registered with the
Secretary of Information and Communication Technology (ICT) in
Colombia, offering services to government, enterprises, small and
medium business, as well as end-users. Using SMSDirectos’ existing
network, they plan to expand services from SMS to offer omnichannel
products and services such as: SMS, Emails, RCS (Rich
Communications Services), Social Media Channels (Whats App,
Messenger, etc), WebRTC (Web Real-Time Communication), VoIP
(IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based),
SMS to Email, and Email to SMS.
About IoT Labs MX SAPI
(iQSTEL´s Technology
Division):
IoT Labs MX SAPI (www.iotlabs.mx), a subsidiary of iQSTEL
Inc, is an Internet of Things (IoT) Mexican technology development
company, creator of the “IoT Smart Gas” Platform and Application.
The IoT Smart Gas platform www.iotsmartgas.com consists of an
IoT field device installed on the LP gas tank (adaptable to
virtually any gas or liquid storage tank) and, thanks to the
Internet of Things (IoT) technology via Sigfox or GSM network
connectivity, allows remote managed and improved logistic processes
of refilling, usage tracking and tank monitoring in real-time by
the Smart Gas mobile app. The new GSM tracking feature allows for
mobile use including ground, air, and sea tank
monitoring.
About itsBchain LLC
(iQSTEL´s Technology
Division):
itsBchain LLC (www.itsBchain.com) is a 75%
owned subsidiary of iQSTEL Inc. itsBchain is a blockchain
technology developer and solution provider, with a strong focus on
the telecom sector. The company is the final stage of
development of a series of blockchain solutions aimed at using the
blockchain ledger and smart contract solutions to enable more
efficiency, quickness in execution and fraud-prevention in the
telco industry. Specifically, the company is developing a
solution that will enable users and carriers to transfer mobile
phone numbers with just a few clicks, allowing users and carriers
the ability to transfer retail users from one mobile carrier
to another instantly. Additionally, the company is finalizing
a carrier-grade marketplace solution to procure payments between
carriers for cross-traffic of VoIP, SMS and data realtime as
traffic is crossed between carriers. This marketplace will
allow for instant payment settlement as well as the prevention of
fraud between carriers.
About Global Money One Inc
(iQSTEL´s Fintech
Division):
Global Money One Inc. (www.GlobalMoneyOne.com) is a 75% owned subsidiary of
iQSTEL Inc. Global Money One Inc is a Miami, Florida-based
Fin-Tech company that uses a blend of industry expertise,
state-of-the-art technology and compliance requirements to create
disruptive solutions that deliver control, security and real-time
payments and innovative Financial capabilities with reduced cost
for consumers, specially to the unbanked, underbanked and
underserved segments of today’s society. Our portfolio of
services will include a Prepaid VISA MoneyOne Card (www.visamoneyone.com) expected to enable customers to
make purchases in stores and online, withdraw cash at ATMs or
receive cash back when using it to make a purchase, recharge
prepaid mobile phone service and send money domestically or
internationally (+ 40 countries). The VISA MoneyOne Card is
expected to also facilitate the deposit of funds into bank
accounts, Remote Deposit Capture (RDC) by mobile phone, bill
payments, rewards, and digital gift cards. The VISA MoneyOne
is the new and freedom financial world wallet expected launch in
early Q2 2021.
Safe Harbor
Statement: Statements in this news release may be
"forward-looking statements". Forward-looking statements include,
but are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and iQSTEL Inc. undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this news
release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR
Email: investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries:
www.iqstel.com ; www.etelix.com ; www.qglobalsms.com ; www.swisslink-carrier.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.iotsmartev.com : www.itsBchain.com ; www.globalmoneyone.com ; www.visamoneyone.com
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