Gopher Protocol (OTCQB:$GOPH) Announces: Completion
of Mapping Program, Which Traces the Guardian Patch in Real-Time; Commencement
of Field Tests on Guardian Patch in Central North America; Designation of a
European Support Team for Epsilon Mobile Green EDA Software
SAN
DIEGO, CA - May 10, 2016 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH)
("Gopher" and the "Company"), a development-stage Company
which specializes in real-time, heuristic-based mobile technology, and its
partner, Guardian Patch LLC, announced today that they have completed the
Company's mapping program, which traces the Guardian Patch on existing mapping
systems. Users of the patch will be able to trace the patch on common mapping
services like Google, Yahoo, and Bing in real time.
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. (OTCQB: GOPH) ("Gopher" and the "Company") (http://gopherprotocol.com/) is a
development-stage company developing a real-time, heuristic-based mobile
technology. Upon development, the technology will consist of a smart microchip,
mobile application software and supporting software that will run on a server.
The system contemplates the creation of a global network. Gopher believes this
will be the first system that is developed using a human, heuristic-based
analysis engine. Since the core of the system will be its advanced microchip
technology that will be capable of being installed in any mobile device
worldwide, Gopher expects that this will result in an internal, private network
between all mobile devices utilizing the microchip by providing mobile
technology for computing power enhancement, advanced mobile database
management/sharing and other additional mobile features.
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.
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