San Diego, CA, April 26, 2018 (GLOBE NEWSWIRE) -- GOPHER PROTOCOL INC. (OTCQB: GOPH) ("Gopher"), a technology company which specializes in the creation of Internet of Things (IoT), Artificial Intelligence (AI), and enabled mobile technologies, recently completed the first stage of their MESH Technology testing.
R&D projects are typically done in three stages:
- Stage A: Includes the industry's current technology, research, and conclusions.
- Stage B: Integrates the new system's definitions which are set in place including architecture, performance, evaluation, and risk mitigation. The new system is simulated and reviewed for strengths and weaknesses which are identified resulting in a proof-of-concept. The assessment of risks and obstacles create the need for a risk mitigation plan to follow during the design phase.
- Stage C: The design/implementation phase whereby the system is built as a prototype and testing begins to determine its performance and efficiency within a wide range of conditions.
Gopher has successfully completed its Stage A MESH technology testing, and has moved forward to Stage B. Stage A consisted of a comprehensive analysis of existing industry MESH technologies and their pros/cons and defining Gopher's MESH system, which is based on a new approach and methodology. In this phase we defined our new MESH technology architecture, performance, scalability, and cost of implementation.
"We are pleased to announce that we are moving to Stage B, which is our MESH network architecture performance evaluation. In this phase we will perform an in-depth analysis of the network performance by implementing sets of setups and configurations. We intend to simulate the system with a wide range of conditions and scenarios, reviewing the performance of the hardware and software. Finally, we will perform our MESH architecture validation, including state-machine implementation, payloads, characteristics analysis, interface code, firmware, and more.
“This is a significant stage for us, developing this new MESH technology," stated Danny Rittman, Gopher’s Chief Technology Officer. "In Stage B we intend to produce Proof-of-Concept documents; including test cases for our MESH architecture and performance validation. With this data and a risk mitigation plan we intend to move into the system's design implementation stage." The design, formulation, and implementation of our proposed MESH network is subject to a number of risks including raising appropriate capital to support the design and implementation of the network. The Company is looking forward to sharing additional developments with its shareholders in the future.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the "Company") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. The Company has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that when developed, will be able to be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit - http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
About Guardian Pet Tracker http://www.guardianpettracker.com/
The Guardian Pet Tracker (Sphere Internal name - the "Sphere") system is a derivative technology of Gopher's Guardian Patch technology. The Sphere is designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source. Gopher intends to release pre-production units in limited test in the near future.
GOPH disclosure: More info: SEC link /technology abstract:
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.