Los Angeles, CA, April 30, 2018 (GLOBE NEWSWIRE) -- Los Angeles, CA, Cytta Corp. (OTCPINK:CYCA), focused on creating and developing impact technologies of the future, is pleased to announce that we are now actively developing demonstration products showcasing our VeriSmartPhone™ mobile technology, SUPR™ video/data compression programming, and Wi-VHFi™ broadband network capabilities. Our business model is to imagineer, design and build immediately marketable products to demonstrate the capabilities of our revolutionary technologies.
During the past year the capabilities inherent in Cytta’s VeriSmartPhone™ proprietary android control interface (PACI™) have been successfully developed into the ready for market EvrCare™ remote medical monitoring product. We are currently in discussions with a strategic joint venture partner in the mobile carrier space to launch our EvrCare™ remote medical monitoring platform.
Our SUPR™ (superior utilization of processing resources) compression algorithm has been extensively demonstrated at a premier defense contractor’s testing and evaluation facility. To build upon these results and create a practical demonstration of the significant advantages of our SUPR™ compression technology, Cytta has been working diligently on the first integration of the SUPR™ technology into a specially designed extreme high-resolution video reconnaissance drone
The Company’s new Wi-VHFi™ broadband technology, gives us the capability of moving those broadband signals in a significantly more efficient manner than current broadband technologies offer. We see this Wi-VHFi™ technology extending the range and capabilities of how information is delivered throughout the world.
These technologies can be utilized as stand-alone innovations or in combination. The complex ecosystem beginning with our VeriSmartPhone™ proprietary android control interface (PACI™) and EvrCare™ host stack and ECommerce platform, leads directly to our SUPR™ video/data compression algorithm, to our Wi-VHFi™ broadband technology and ultimately to our comprehensive telecom/mobile virtual network operator (MVNO) strategy, creating a new communication paradigm.
About Cytta Corp
Cytta Corp.’s business model entails imagineering, developing and securing disruptive technologies. Cytta utilizes these technologies to build specific content collection, storage and communication solutions for use by enterprise level organizations that can implement the technologies into their specific industry segments. Specifically, Cytta Corp. develops and integrates technologies in the smartphone, compression and mobile broadband and telecom markets. In keeping with this goal, Cytta has developed the EvrCare™ platform to address the market need for a complete and comprehensive telecom-based monitoring, evaluation and interpretation solution to manage a wide range of biometric data, including ECGs, within military, consumer, wellness and healthcare markets. Utilizing its SUPR™ compression technology Cytta is in the final stages of design, build and integration of the SUPR™ compression technology into its first operational product in the 4K+ video compression marketplace. Complementing these capabilities, Cytta’s new Wi-VHFi™ broadband technology, gives us the capability of moving broadband signals in a significantly more efficient manner than other broadband technologies. This Wi-VHFi™ technology extends the range and capabilities of how information is delivered throughout the world. Ultimately our technologies are all capable of interfacing to create a new communications paradigm
Safe Harbor Statement/ Forward-Looking Statements
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate", "believe", "estimate", "expect", "may", "objective", "plan", "possible", "potential", "project", "will", and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward looking statements, whether as a result of future events, new information, or otherwise.