Premier
Products Group, Inc Commences to Send Proof of Concept Data to 4
Major Cloud Providers
WOODLAND HILLS, CA -- April 22, 2021 -- InvestorsHub NewsWire
-- PMPG's
Joint Venture partner Smart Road Turtle, LLC (SRT) engineers begin
preparing to send data to major data cloud providers' data banks to
begin analyzing information for intelligent infrastructure. "One of
the largest cloud providers wants our SRT prototype data sent to
their cloud, so they can begin processing information. The major
cloud provider wants to determine how they can process, analyze and
monetize the information for the many vertical markets in the
upcoming SmartRoad™ and Smart City projects globally. The
possibilities are so endless, the major cloud provider also want to
analyze our data to determine how to create a business model with
SRT." states Tony Hicks, Chairman, and CEO.
SRT
plans to explore multiple business models and plans to send the
preliminary data to all four of the major cloud providers to prove
the Proof of Concept on data to determine the best possible deal
for SRT. NPI Mobile, one of the joint partners in SRT, have a
Letter of Intent with one of IBM's IoT Platinum Partners. Current
prototype data can be seen in real-time on the website SRT
Intelligent Infrastructure Data, www.cygnet.com.
Autonomous Vehicles
"In
my opinion, current autonomous ecosystems are limited on data to
properly and accurately drive on the roads today. Unfortunately,
autonomous vehicle accidents are occurring more often, and our
proof of concept technology and patents enhances the
autonomous
world providing extended range for V2X capabilities for assisted
navigation", says Mr. Hicks.
Patents
SRT
will be a major player in the autonomous vehicle and 5G city
infrastructure verticals. Dating back to 2013, SRT's 22 Patent
Portfolio in 32 countries covers the intelligent delivery
architecture that allows two-way wireless communications on or near
any flat paved surface or roadway. "Our patents cover every road in
America, a whopping 4,153,200
miles of road and
32 countries," also states Mr. Hicks.
Licensing
SRT
plans to license their patents to all companies who are helping the
world upgrade to SmartRoad and Smart City infrastructure.
Currently, there are companies infringing on SRT's two-way wireless
communications infrastructure. "Several companies have raised
millions of dollars and making claims that they can help enhance
cities to become a Smart City on our fundamental patents. We will
reach out to them for licensing at the appropriate time," also
stated Mr. Hicks.
Other Milestones & Updates
-
PMPG
announced on April 13th, 2021 the signing of a Letter of Intent
with Deep South Communications to install, manage, and distribute
our SmartRoad™ Turtle (SRT) intelligent Roadway Pavement Marker
Devices in the State of Louisiana.
-
PMPG
and PPG/Ennis Flint decided to halt discussions. PMPG wants to
leverage the patents, begin licensing and begin manufacturing road
turtles before discussing a favorable deal for PMPG.
-
Our
10K for 2020 will be a few weeks late due to the exhaustive
verifications and due diligence by our Auditor verifying shares and
noteholders balances. PMPG
Management decided to be late and accurate, then on time and have
errors. The inappropriate issue of shares put a strain on our
Auditor to make sure our Shareholders are properly
informed.
Premier
Products Group would like to assure shareholders and prospective
investors that we remain Diligent in bringing shareholder value to
PMPG. Please go to our website to www.pmpginc.com for
updated information.
Safe Harbor Statement:
Except
for historical information, certain statements in this news release
may contain forward-looking information within the meaning of Rule
175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and those statements are subject
to the safe harbor created by those rules. All statements, other
than statements of fact, included in this release, including,
without limitation, statements regarding potential plans and
objectives of the Company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance such
statements will prove accurate and actual results, and future
events could differ materially from those anticipated in such
statements. The Company cautions these forward-looking statements
are qualified by other factors. The Company undertakes no
obligation to publicly update any statements in this
release.
CONTACT:
Tony
Hicks
Chairman/CEO
(818)
798-1878
tony@pmpginc.com
https://twitter.com/PMPG_INC