300422 Guangxi Bossco Environmental Protection Technology (A)

DGAP-News: System73 and AMPD Partner for Global Multi-CDN Solution and Expansion of the AMPD High-Performance Compute Platform into Europe

DGAP-News: AMPD Ventures Inc. / Key word(s): Miscellaneous
System73 and AMPD Partner for Global Multi-CDN Solution and Expansion of the AMPD High-Performance Compute Platform into Europe

24.01.2020 / 15:02
The issuer is solely responsible for the content of this announcement.


VANCOUVER, BC / ACCESSWIRE / January 24, 2020 / AMPD Ventures Inc. ("AMPD" or the "Company") (CSE:AMPD)(FRA:2Q0) is proud to announce that it is entering into an international partnership arrangement with leading Content Delivery Network provider, System73 Limited ("System73").

Headquartered in Malta, System73 offers a complete, global end-to-end content delivery network ("CDN") solution through their Kunoâ„¢ Platform, which has been designed to provide a high quality experience for globally distributed data and video over the internet. Its technology leverages the adoption of WebRTC and WebSockets to build a virtual network that can connect to over a billion devices and efficiently stream video to unlimited numbers of concurrent viewers. System73 has points of presence in over 500 cities around the world on its Multi-CDN network, and services customers such as TATA Communications Limited (NSE: TATACOMM), Eurovision, and Spil Games.

The two companies have entered into a Letter of Intent and intend to complete a definitive agreement in the near future. Under the terms of the agreement, it is expected that AMPD will promote, sell, and support System73's CDN solution across North America, helping to bolster System73's global reach, and System73 will promote, sell, and support AMPD's HPC Hosting Platform to customers across Europe, helping to enhance AMPD's presence in Europe in return.

"AMPD and System73 have perfect synergy with services that complement and expand each other's offerings with very little overlap," said Anthony Brown, CEO of AMPD Ventures. "Using an E-Sports game as an example, AMPD might use Kunoâ„¢ from System73 to deliver the game client software to the gamer's computer or console in a fast, cost-effective way. When the gamer launches the game, they can connect to the AMPD HPC Platform to play the live game, resulting in a seamless, upgraded gaming experience."

"Given the AMPD team's decades of experience in high-performance computing and their extensive network of contacts in the video games and digital media sector across North America, it made complete sense for us to enter into this agreement. We expect it will open up new opportunities for both companies as we combine to offer a full end-to-end high-performance delivery and hosting solution for our customers around the world," said Michael Ritchie, Chief Commercial Officer at System73.

The transatlantic partnership gives European companies a local channel to work with AMPD via the team at System73 and enables AMPD to cater to European customers with its solutions across both Europe and North America.

About AMPD Ventures Inc.

AMPD specializes in providing high-performance cloud and computing solutions for low-latency applications, including video games and eSports, digital animation and visual effects, and big data collection, analysis and visualization. For further information concerning the company and its business, please see the long-form prospectus dated October 11th, 2019, supporting its application for listing on the CSE. A copy of the prospectus was filed under the company's profile at SEDAR.

For more information on AMPD, please contact:

Satnam Brar
Tel: 604-332-3329 ext. 3

or visit

About System73 Limited

System73 specializes in optimizing content delivery networks for video and other web services by providing augmented turn-key Multi-CDN solution and using patented deep learning processes that predict internet traffic congestion and then route around it.

For more information on System73, please visit or contact

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ "Anthony Brown"

Anthony Brown
CEO & Director
AMPD Ventures Inc.

| Tel: 604-332-3329

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement

Certain statements made herein may contain forward-looking statements or information within the meaning of the applicable Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information herein include, but are not limited, to statements or information with respect to plans with respect to the partnership with System73, including finalizing the exact terms of the partnership, the timing of the implementation of the partnership, and the expected revenues to be generated from the partnership.

Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information, including AMPD's ability to successfully negotiate a definitive agreement with System 73, the ability to work successfully with System73, and the ability to generate the revenue from the partnership with System73. Although our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include those factors discussed in the section entitled "Risk Factors" in the Company's Form 2A Listing Statement dated October 17, 2019 and "Risk and Uncertainties" in the Company's most recent Management Discussion and Analysis filed on SEDAR.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada.

All forward looking statements and information contained in this News Release are qualified by this cautionary statement.

SOURCE: AMPD Ventures Inc.


News Source: Issuer Direct


24.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: AMPD Ventures Inc.
United States
EQS News ID: 960979

 
End of News DGAP News Service

960979  24.01.2020 

fncls.ssp?fn=show_t_gif&application_id=960979&application_name=news&site_id=research_pool
EN
24/01/2020

Underlying

300422Guangxi Bossco Environmental Protection Technology (A)

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Guangxi Bossco Environmental Protection Technology (A)

 PRESS RELEASE

Sunrise récompensée une nouvelle fois pour le meilleur service clients

Sunrise UPC GmbH / Mot-clé(s) : Autres Sunrise récompensée une nouvelle fois pour le meilleur service clients 31.08.2022 / 10:00 CET/CEST Sunrise remporte le test connect de la hotline du réseau fixe 2022. Sunrise établit à plusieurs reprises de nouvelles références en Suisse et dans la région DACH: Meilleur service clients pour le réseau fixe et haut débit (connect numéro 10/2022) Meilleur service clients pour la téléphonie mobile (connect numéro 5/2022) C’est le seul opérateur à remporter le test dans les deux domaines (téléphonie mobile, réseau fixe et haut débit)...

 PRESS RELEASE

Sunrise premiata di nuovo per il miglior servizio di assistenza client...

Sunrise UPC GmbH / Parola (s): Altro Sunrise premiata di nuovo per il miglior servizio di assistenza clienti 31.08.2022 / 10:00 CET/CEST Sunrise vince il test di connect 2022 dedicato al numero di assistenza per la rete fissa. Sunrise definisce nuovi standard in Svizzera e nella regione D-A-CH in diversi ambiti: miglior servizio di assistenza clienti per la rete fissa e la banda larga (connect numero 10/2022); miglior servizio di assistenza clienti per la telefonia mobile (connect numero 5/2022); unico operatore a vincere il test in entrambi i settore (telefonia mobi...

 PRESS RELEASE

Sunrise erneut für besten Kundendienst ausgezeichnet

Sunrise UPC GmbH / Schlagwort(e): Sonstiges Sunrise erneut für besten Kundendienst ausgezeichnet 31.08.2022 / 10:00 CET/CEST Sunrise gewinnt den connect Festnetz-Hotline-Test 2022. Sunrise setzt in der Schweiz und der DACH-Region gleich mehrfach neue Massstäbe: Bester Kundendienst für Festnetz und Breitband (connect Heft 10/2022) Bester Kundendienst für Mobilfunk (connect Heft 5/2022) Einziger Anbieter mit Testsieg in beiden Bereichen (Mobilfunk, Festnetz und Breitband) mit jeweils höchster Punktzahl über die 3 Länder hinweg «Schnelle Problemanalyse gepaart mit hoh...

 PRESS RELEASE

Sunrise wins award for best customer service once again

Sunrise UPC GmbH / Key word(s): Miscellaneous Sunrise wins award for best customer service once again 31.08.2022 / 10:00 CET/CEST Sunrise wins connect magazine’s landline hotline test 2022. Sunrise sets multiple new standards in Switzerland and the DACH region: Best customer service for landline and broadband (connect issue 10/2022) Best customer service for mobile (connect issue 5/2022) The only provider to win tests in both areas (mobile and landline/broadband) with the highest scores across the three countries. According to connect magazine, «rapid analysis of ...

 PRESS RELEASE

OPPO Explores New Technology Breakthroughs with Developers and Partner...

Oppo OPPO Explores New Technology Breakthroughs with Developers and Partners at OPPO Developer Conference 2022 31-Aug-2022 / 07:25 CET/CEST  OPPO Explores New Technology Breakthroughs with Developers and Partners at OPPO Developer Conference 2022   SHENZHEN, CHINA - - 31 August 2022 - OPPO kicked off its 2022 OPPO Developer Conference (ODC 2022) today, unveiling its Pantanal cross-platform smart system, OPPO Carlink solution for enhanced smartphone-car integration, and the OPPO Sense® health algorithm along with an RMB 2 billion plan to support developers and creators working with...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch