SAN DIEGO, CA--(Marketwired - May 10, 2016) - Gopher Protocol Inc. (
The Company has already commenced its field tests for transmitting and receiving signals in central North America. After successfully completing stage one of range testing of the Guardian Patch wireless system, the Company will continue to expand its wireless system field testing in both crowded urban and open areas within the United States.
The Company and its partner, Gopher Epsilon Corp. (to be formed), have designated an engineering team in Europe to supervise and develop technical support services as the Company enters a software evaluation license agreement. As previously announced by the Company on March 16, 2016, the Company's Epsilon Mobile Green EDA Software is an internal proprietary platform that has been developed as a tool designated for the mobile industry to accelerate integrated circuit designs with interactive error detection and correction. The software is targeted to assist microchip designers to produce integrated circuits with faster performance, self-heat optimization and longer life spans. The goal of the software is to significantly prolong battery life while reducing microchip heat, which will enable electronic devices to provide longer operation time with overall faster performance time.
Gopher has granted a temporary license to a third party vendor on a non-exclusive, royalty-free basis to use the Epsilon Mobile EDA Software and related materials (the "Licensed Technology") for the purpose of evaluating the Licensed Technology internally. There is no obligation on the part of the third party licensee to buy, lease, or otherwise acquire any ownership interest in, or pay any compensation for a license to use, the Licensed Technology for the evaluation period. Gopher's new European division will provide technical support to the third party licensee for the Licensed Technology during the evaluation period.
The Guardian Patch, potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The patch is a stick-on device that provides its users with the capability to protect and track objects, a loved-one or even a pet, via a mobile application.
About Guardian Patch
Download the patch app, register your patch, and track anything that you own on your mobile device or on our designated website. Register the patches of your family members and friends to receive alerts in the event of an emergency. Peel the patch off, and the patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's patch.
About Gopher Protocol Inc.
Gopher Protocol Inc. (
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/.
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.