Vita Mobile Systems Acquires Artificial Intelligence Company with Location-based Health and Safety Software Platform
05 August 2021 - 9:32PM
InvestorsHub NewsWire
IRVINE, CA -- August 5, 2021 -- InvestorsHub NewsWire -- Vita
Mobile Systems, Inc. (OTC
PINK: VMSI), a technology company focused on digital imaging in
mobile devices, collection and management of big data and
development of artificial intelligence, today announced the
acquisition of My2Tum through a share exchange agreement.
My2Tum brings proprietary Artificial Intelligence (AI) technology
that allows users to find up-to-date health and safety information
by location, complementing VMSI’s own geolocation-based social
application platforms.
“The significance of this acquisition is immense, and bringing
on My2Tum is a huge step forward for VMSI,” stated Sean Guerrero,
CEO of Vita Mobile Systems. “The pandemic has made it clear that
accurate and timely health and safety information for locations
around the world is crucial for both business and personal
needs. For example, businesses could leverage this data to
better support their employees and deliver to their customers, and
individuals would be able to travel anywhere in the world with the
confidence and the assurance that is required to make their trip a
successful one.”
“Pursuing a similar goal of providing the most up-to-date
geolocation-based information has made My2Tum a perfect synergistic
acquisition for VMSI. We are excited to launch our first
My2Tum product, as part of our VMSI portfolio, which is slated to
be introduced to the public this fall,” continued Guerrero. “This
acquisition strengthens both the future of VMSI and its management
team. As we incorporate My2Tum into VMSI, we anticipate
strategic management changes and plan to announce those changes
once the expected appointments take place.”
To learn more about VITA please visit the Vita Mobile Systems
website at www.vitamobilesystems.com.
About Vita Mobile Systems, Inc. (www.vitamobilesystems.com)
Vita Mobile Systems, Inc. (OTC
PINK: VMSI) is a technology company focusing on digital imaging
in mobile devices, collection of big data and development of
artificial intelligence. Vita Mobile Systems is currently
finalizing their first geolocation-based, social media app "VITA"
for release on both iOS and Android. Comprised of a strong
foundation of successful entrepreneurs, Vita Mobile Systems has
developed proprietary algorithms and tools which gather,
categorize, analyze and augment digital content. Over the years,
Vita Mobile Systems has used these proprietary marketing, social
media, and data collection tools to generate significant amounts of
internet traffic for advertising networks. Vita Mobile Systems aims
to create a monumental library of crowdsourced content, a massive
catalogue of predictive big data, and platform for ultra-targeted
advertising. The company expects to establish a strong foundation
within the multibillion-dollar industry of driving big data and
targeted advertising through its process of cataloging,
meta-tagging, analyzing, and predicting trends of everyday people
in everyday life.
Cautionary Language Concerning Forward-Looking
Statements:
This press release contains forward-looking statements. The
words or phrases "would be," "will allow," "intends to," "will
likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Actual results
could differ materially from those projected by VITA. The public
filings, if any, of Vita Mobile Systems, Inc. (OTC
Pink: VMSI) may be accessed at www.otcmarkets.com. Statements
made herein are as of the date of this press release and should not
be relied upon as of any subsequent date. VITA cautions readers not
to place reliance on such statements. Unless otherwise required by
applicable law, VITA does not undertake, and VITA specifically
disclaims any obligation, to update any forward-looking statements
to reflect occurrences, developments, unanticipated events or
circumstances after the date of such statement.
Contact:
Vita Mobile Systems, Inc.
2640 Main St.
Irvine, CA 92614
949-864-6902
info@vitamobilesystems.com
Investor Relations:
949-864-6902
ir@vitamobilesystems.com
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