CORAL GABLES, FL / ACCESSWIRE / January 15, 2019 / The future of tech stocks is predicated on the belief that engineers and scientists are prepared to meet the challenges of our changing planet with innovative approaches to solving the world’s most complicated issues. With the advent of artificial intelligence, big data, vehicle automation, and a plethora of other futuristic developments coming out of the space, it makes sense that investors are interested in the development of companies from the multi-billion dollar industry, and as a result of the recent increase of favorable public opinions, the tech industry may see gains as a result of this industry gaining favorable market opinion. XSport Global, Inc. (XSPT), Ability Inc (ABIL), Safe-T Group Ltd (SFET), and Identiv Inc (INVE) are 4 tech stocks representing companies innovating towards the future.
XSport Global, Inc. (XSPT) is a company that is leading the cognitive assessment technology industry as they seek to further the success of high-performance athletes around the world through “leading sciences, innovative technologies, and pioneering digital media.”
In late-November 2018, XSport Global, Inc. (XSPT) announced their rapid development of FitLinkDNA, a service designed to help athletes train, compete, and perform at their full capacity. Per the announcement, the service will include a set of comprehensive digital reports that will become the athletes’ digital blueprint - allowing them to develop a tailored, personalized, wellness regimen.
Robert Finigan, CEO of XSport Global, Inc. (XSPT), said, “Decoding the human genome is one of the most significant undertakings that has ever been mounted in the history of science. DNA sequencing has revolutionized our understanding of the human genome and provided insights that were beyond comprehension just ten years ago. By taking it a step further and using that knowledge to provide real solutions to genetic level problems, the Company is working to monetize advanced technology and its applications in one of the most high-growth, highest-grossing global industries ever.”
Ability Inc, (ABIL) a provider of innovative tactical communications intelligence solutions, announced at the end of December that Anatoly Hurgin and Alexander Aurovsky, founders and officers and directors of the Company, entered into an agreement with the Company pursuant to which the amount outstanding under the Company’s line of credit, which was secured with funds of Messrs.
Per the press release, Under the terms of the agreement, the Company's outstanding line of credit with an Israeli commercial bank (NIS 5.5 million, or approximately $1.5 million) will be repaid using funds to be transferred to the Company by Messrs. Hurgin and Aurovsky. In return, the Company will issue, in a private placement, to each of Messrs. Hurgin and Aurovsky 226,426 ordinary shares (452,852 ordinary shares in the aggregate) and warrants to purchase 226,426 ordinary shares (452,852 ordinary shares in the aggregate) at a conversion price of $3.25, the same price per unit of the Company's recently closed public offering.
Safe-T Group Ltd (SFET), a leading provider of software-defined access solutions, announced early last week that it had received an order for its SDE solution from a new strategic customer, one of the largest insurance companies in Israel. The order was channeled by one of Safe-T’s network partners, Bynet Data Communications.
According to the announcement, the insurance company, partnered with Safe-T, was seeking a safe, easy, and user-friendly system to share sensitive information with business partners, financial organizations, insurance agents, and customers, on a secure email platform.
Identiv Inc (INVE) found itself in headlines earlier this month when they announced completion of a previously announced acquisition of substantially all assets of the Freedom, Liberty, and Enterphone™ MESH products and services of Viscount Systems, Inc. The acquisition strengthens Identiv’s premises segment by providing advanced, complementary solutions for the commercial and small- and medium-sized business (SMB) markets, leveraging Freedom’s IT-centric software, defined architecture, and hardware-light platform. The acquisition also adds Viscount’s web-based Freedom access control and Enterphone™ MESH telephone entry solutions to Identiv’s premises solutions.
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Pursuant to an agreement between MIDAM VENTURES, LLC an affiliate of JSG COMMUNICATIONS LLC and XSport Global, Inc. we were hired for a period from 11/4/2018 - 2/4/2019 to publicly disseminate information about XSport Global, Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 ( CASH) for & were paid “0” shares of restricted common shares. We own zero shares of XSport Global, Inc., which we purchased in the open market. We may buy or sell additional shares of XSport Global, Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.