Spotlight Growth
No Result
View All Result
Friday, February 3, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Technology

SkyFidelity, Inc. (OTC Pink: SRMX) Soars 305.26% After Entering Into Product Development Agreement With AT&T, Inc. (NYSE: T)

by admin
January 17, 2018
in Technology
0
Internet of Things IoT ATT Product Development Agreement

Internet of Things IoT ATT Product Development Agreement

SkyFidelity, Inc. (OTC Pink: SRMX) is engaged as a developer of Internet of Things (IoT) technologies. The company has created a 4G/LTE Gateway Hub that is capable of providing consumers access to the internet directly from a SIM-based 4G/LTE Super Router, SkiQ. Shares of the IoT technology developer are sky-rocketing 305.26%, through afternoon trading on Wednesday, January 17, 2018. Over the past month, SkyFidelity, Inc. has seen average daily volume of 43.07 million shares. However, volume of 435.19 million shares or dollar volume of $3.35 million, have already exchanged hands on the day.

Shares of SkyFidelity, Inc. are soaring today, after the company announced that it has entered into a product development agreement with AT&T, Inc. (NYSE: T), which will focus on creating a first-of-its-kind Internet of Things (IoT) SIM card that would be compatible with the 4G/LTE Gateway Hub. The deal shows that AT&T is actively seeking to expand its IoT capabilities and offerings. The company has been working with a certified AT&T module developer, Westron NeWeb Corporation, in order to develop IoT applications for 4G/LTE internet connectivity. SkyFidelity, Inc. expected to receive a delivery of 1,000 IoT SIM modules from Westron NeWeb by the end of January 2018. From there, SkyFidelity, Inc. will use the supplied modules to create the first 1,000 SkiQ Routers. Here is the full press release detailing of the product development agreement:

SkyFidelity, Inc. Press Release:

NEWPORT BEACH, Calif., Jan. 17, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE– SkyFidelity, Inc./Tricascade, Inc. (OTC Pink:SRMX) SkyFidelity, Inc.’s subsidiary, TriCascade, Inc., an Internet of Things (IoT) technology company has entered into a product development deal with AT&T to develop the first of its kind IoT SIM card that will used in the TriCascade’s 4G/LTE Gateway Hub known as the SkiQ Super Router.

Building upon the AT&T’s commitment to moving forward with IoT solutions for broadband applications including WiFi routers and the “Smart Home,” TriCascade has been working with AT&T certified module developer, Westron NeWeb Corporation (WNC) to create an IoT module specifically designed for 4G LTE internet connectivity.

TriCascade expects to take delivery of One Thousand IoT SIM modules from Westron NeWeb Corporation (WNC) in January 2018 and will use these modules in the development of the first One Thousand SKiQ Routers.

The WNC IoT module delivery will provide TriCascade with the foundational technology for its SKiQ Super Router device and strongly positions TriCascade as a device and module partner supporting AT&T’s 4G/5G LTE ecosystem deployments.

TriCascade demonstrated the SKiQ to the public as well as to several potential customers at the CES show last week in Las Vegas, Nevada. The SKiQ device as well as the other SmartHome devices demonstrated at the show including the Smart Thermostat/Smart Outlet/Smart Light Switch were well received and the company expects to obtain sales orders based upon this event.

4G and 5G LTE Routers are essential to Telecom carriers’ cellular IoT strategies. The creation of SKiQ- an LTE Smart Home Eco-System Hub in collaboration with AT&T- will significantly enhance TriCascade’s position in the deployment of all future Smart Home devices.

About CES:

The Consumer Electronics Show (abbreviated as CES) is the world’s most popular trade fair for the consumer electronics. It is a meeting point for the sector’s top experts who present their newest and most innovative inventions and products. Since its first edition in 1967, CES has been shaped as an event which guides the electronics industry trends and the everyday use of hi-tech devices. Thousands of journalists, internet publishers and media representatives will attend the Consumer Electronics Show 2018 in Las Vegas. This cements the status of the event and ensures that a well-presented business will be a global triumph.

About SkyFidelity/TriCascade

SkyFidelity, Inc.’s subsidiary, TriCascade, Inc., an Internet of Things (IoT) technology company has created a 4G/LTE Gateway Hub that provides consumers with the ability to access the internet directly from a SIM-based 4G/LTE Super Router called the SkiQ. The Company has designed this innovative communication device that will disrupt the traditional communications hardware industry, making routers, modems, satellite dishes, set top boxes and media boxes obsolete. By taking advantage of the ability to connect simultaneously from both a fiber/cable internet connection as well as 4G/LTE, the Gateway Hub will replace the need for satellite internet (Hughes Net), Cable Internet (COX, Time Warner, Comcast) and ADSL Internet at a fraction of the cost, while supporting future expansion of 5G networks.

Tags: 4G LTEapp stocksappscommon stockemerging growthinternetInternet of Thingsinvestmentmanufacturingmicrocap stocksmobilemobile appsNYSEpublic companysalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stockssuper routertechTechnologytechnology stockstelecomtelecommunications
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
Versus Systems NASDAQ VS Resolve Debt Partner AI Gamification Consumer Debt Spotlight Growth

Versus Systems (NASDAQ: VS) and Resolve Debt Partner to Integrated Generative AI and Gamification to Customer Payments and Credit Markets

February 1, 2023
Finding the Most Accurate Technical Analysis Indicator Spotlight Growth

Finding the Most Accurate Technical Analysis Indicator

January 31, 2023
ADVERTISEMENT

Recent News

Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested