Item 1.01 Entry into a Material Definitive Agreement.
A)
Cytta/Doctor Direct Inc. Oracle Agreement Dated February 4
th
, 2016
Cytta, through its Healthcare subsidiary, Doctor Direct Inc., have entered into an Agreement dated February 4
th
, 2016, with Oracle America, Inc. (Oracle) of 500 Oracle Parkway, Redwood Shores, CA 94065. The Agreement provides for integrating Cyttas VeriSmartPhone
TM
technology with the Oracle Cloud/IoT platform for immediate utilization by Doctor Direct Inc. in the Healthcare marketplace. Cytta, and Doctor Direct Inc., will be utilizing Oracle Cloud/IoT functionality for all the data derived worldwide from the use of their proprietary VeriSmartPhone
TM
technology.
The Oracle Cloud is used by approximately 70 million people and processes more than 34 billion transactions each day. It runs on more than 50,000 devices, and stores more than 800 petabytes of data in 19 data centers around the world.
Our Agreement to partner with Oracle gives us a unified environment providing flexible cloud infrastructure, a powerful standards-based platform, and a comprehensive portfolio of business applications all of which are additive to our VeriSmartPhone
TM
remote monitoring model. This Agreement eliminates the need for Cytta to spend time and capital developing these services ourselves.
Cytta Corp. has created specially programmed VeriSmartPhones
TM
designed to empower the Internet of Things (IoT) in any market segment. Cytta created the VeriSmartPhone
TM
data acquisition model over the previous six years of research and development and successfully demonstrated the technology with numerous field demonstrations and live medical patient remote monitoring trials.
VeriSmartPhones
TM
(VSPs) are factory unlocked android smartphones that have
not
been preprogrammed or locked by the Carrier or manufacturer. Cytta then gains root access to the factory unlocked android smartphone. After rooting, Cytta grants their proprietary programs and specific applications access to root permissions, allowing them to do almost anything they want to the operating system.
Cyttas applications with root permissions uninstall system applications, install low-level system binaries, revoke permissions that installed apps require, and allow Cytta VeriSmartPhones
TM
to do all other amazing things necessary to turn these phones into full IoT bi-directional control interfaces. The Cytta VSPs do not require any human intervention through the screen, keyboard or mouse to perform their functions and thus become pure IoT devices (although they still retain all voice and data smartphone functionality).
The Cytta VeriSmartPhone (VSP) Doctor Direct remote medical monitoring technology consists of an intelligent VSP android rooted control interface, which automatically receives and sends all Bluetooth remote medical monitoring data to the Oracle Cloud, and from there to the designated Doctor, nurse, caregiver recipients, creating two-way real time medical data, video and voice communication
Once the VSP receives the medical peripheral data, it will review the data and decide to instigate communication via voice, video, SMS or email in real-time to the Oracle Cloud, along with its massive functionality and processing capabilities and directly to the caregiver and back. Everything is accomplished without touching the VeriSmartPhone
TM
. This provides patients with a low cost, 24/7, intelligent instantaneous automatic monitoring at any location at any time.
Cytta will also be integrating Oracle Java software in version 2.0 of the VeriSmartPhones proprietary android O/S software currently being finalized.
Pursuant to the Agreement Oracle provides three distinct levels of service to Cytta/Doctor Direct: Platform as a Service (PaaS), Infrastructure as a service (IaaS), and Software as a Service (SaaS).
The Oracle Cloud Platform is also known as a Platform as a Service or PaaS. The Oracle Cloud Platform provides Cytta with a shared and elastically scalable platform for consolidation of existing applications such as our Doctor Direct platform based individual Health records. Oracles PaaS capabilities for cloud application development and deployment, cloud management, cloud security, and cloud integration will allow complete interaction among our online medical records participants and expansion into a fully interactive Health and Wellness record portal.
Using Oracles Infrastructure as a Service (IaaS), lets us expand our workload in the cloud exponentially. Best of all, it does so in a fully integrated environment that has been optimized for the cloud and provides a unified security model so necessary for multiple electronic medical records generated by the VeriSmartPhone
TM
Additionally, Oracles Software as a Service (SaaS) gives Cytta the most complete portfolio of personalized, connected, secure applications, while delivering us business analytics, business intelligence, big data analytics and embedded SaaS analytics. for analysis of the significant raw data we generate. The Cytta Connect technology will utilize all these services for the data generated from the deployment of the VeriSmartPhone
TM
remote monitoring technology in any industry or vertical market segment.