Cytta Expands Its Network Connectivity Solutions Into Oil & Gas Industry With Machlink Corp. Agreement
27 Marzo 2014 - 2:00PM
Marketwired
Cytta Expands Its Network Connectivity Solutions Into Oil & Gas
Industry With Machlink Corp. Agreement
LAS VEGAS, NV--(Marketwired - Mar 27, 2014) - Cytta Corp.
(OTCQB: CYCA) is pleased to announce the expansion of its open
source remote connectivity platform into the Oil & Gas
(O&G) Industry. Cytta has agreed to immediately introduce its
remote monitoring connectivity technology to the segment, due to
strong demand for real time monitoring coming from the rapidly
growing US O&G Industry.
Cytta's Special Purpose
Network and mobile device solution for use by the healthcare
industry was ubiquitously designed for remotely monitoring data
regardless of the source. Accordingly, the monitoring of remote
data from the remote Well Site is only another use case for the
Cytta Connect platform.
Cytta's seamless integration
of cellular, WiFi and satellite communication systems provide a
global, low cost solution for all types of remote monitoring. It is
a natural progression to move our core technology and offer other
industries our affordable, highly scalable and secure monitoring
platform.
In conjunction with announcing
Cytta's service offerings to the O&G industry, Cytta Corp. has
signed entered into working Agreement with MachLink Corp.
(www.machlink.ca). MachLink Corp. is synonymous with protecting
rural environments and its founder and CEO Fred Munn has occupied a
significant position in the wireless broadband and security
monitoring of the Oil and Gas space for the past decade. MachLink
markets numerous leading edge imaging, intelligent security
solutions and wireless technologies to the Canadian O&G
Industry.
Similar to Cytta's partnership
programs in healthcare, Cytta is offering its open platform to Oil
& Gas service and equipment providers. "We believe in open
collaboration and MachLink's current focus on commercial oil &
gas clients utilizing leading edge communication and patented
wireless imaging and data technologies provides a significant
opportunity for Cytta Oil & Gas and MachLink to integrate our
capabilities and offer unique world class M2M solutions to an
already developed client base," stated Erik Stephansen, President
of Cytta Corp.
Mr. Stephansen added, "By
utilizing Cytta's technologies such as data compression and open
source cellular and satellite networks to provide O&G
connectivity solutions, we naturally expand our world class remote
monitoring offerings, which is part of Cytta's global go-forward
strategy. In addition, we are also very excited by the experienced
people and exciting business partners we're attracting to join us
in this O&G effort."
Mr. Stuart Brame recently joined Cytta Corp to lead Cytta's Oil
& Gas remote monitoring programs. Mr. Brame was previously VP
of International Marketing for MachLink Corp. and brings to the
company a wealth of experience in Oil & Gas and business
development segment. He was integrally involved with the
technologies that MachLink offers in the marketplace while situated
in the Alberta Oil Sands area of Canada.
"O&G projects are often located in very challenging areas of
the US & elsewhere, and Cytta's recent advances in technology
will help overcome the industry challenges found in such remote and
harsh environments," Mr. Brame noted with emphasis. "By providing
solutions which are configured to each client's situational
environment, we are able to seamlessly integrate data from multiple
sources by adding Cytta's connectivity solutions and expand the
reach and capabilities of MachLink's products in the O&G
industry. This is a win-win for both Companies and for our industry
customers relying on technological innovation," stated Mr.
Brame.
Cytta and MachLink are advancing the implementation and
development of an automatic data communication technology in
support of each other. Utilizing the Cytta mobile connectivity
solutions to expand and enhance the leading edge technologies being
offered and developed by MachLink and Cytta Labs will streamline a
suite of connectivity solutions and provide greater access to
critical information at significantly less cost and effort. Cytta
Connect's solution for Oil & Gas will provide customers
real-time remote data management, secure data transmission and
interoperability they need require to achieve their short and long
term monitoring goals.
About Cytta Corp.
Cytta Corp. is an open source remote monitoring connectivity
platform known for its highly scalable and secure Healthcare
solutions. We are now offering the Cytta Connect technology to the
Oil & Gas industry and will make available our remote data
capture highway that connects monitoring devices seamlessly to an
Online Data Repository (ODR). Our remote data capture system works
over our Special Purpose Network, a proprietary Global Mobile,
Satellite, WiFi open source network, and Cloud-based data
repository that automatically connects all remote monitoring
devices to Cytta's open source ODR creating real time communication
for the Oil & Gas industry with world leading compression
heretofore unavailable in the market.
About MachLink Corp.
MachLink Corp. is a leading solutions provider for
telecommunications and internet, and applies best in class
processes and technologies that can effectively be integrated into
new or existing infrastructure. Utilizing a blend of technologies
with sophisticated integration techniques provides customers with
specifically designed solution for their unique requirements.
MachLink also utilizes an intelligent video analytic for
industrial and environmental applications. The technology
automatically detects threats and hazards in real-time, allowing
operators to quickly respond to a situation, leading to enhanced
safety, security and environmental control. Their proprietary
solutions are utilized in the oil and gas industry, airports, rural
populations, and commercial and industrial complexes. MachLink's
ability to engineer solutions and meet the demand for security
across all markets has positioned the company as a leader in
innovation, meeting the challenges of each and every security
application presented to the company.
Forward-Looking Statements
Statements included in this press release, which are not
historical in nature, are forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Statements relating to the future performance
of the Company are subject to many factors including, but not
limited to, the customer acceptance of the products in the market,
the introduction of competitive products and product development,
the impact of any product liability or other adverse litigation,
working capital and availability of capital, commercialization and
technological difficulties, the impact of actions and events
involving key customers, vendors, lenders, competitors, and other
risks detailed in the Company's Form 10-K for the year ended
September 30, 2013, and other subsequent Securities and Exchange
Commission filings. Such statements are based upon the current
beliefs and expectations of the Company's management and are
subject to significant risks and uncertainties. Actual results may
differ from those set forth in the forward-looking statements. When
used in this press release, the terms "anticipate", "believe",
"estimate", "expect", "may", "objective", "plan", "possible",
"potential", "project", "will", and similar expressions identify
forward-looking statements. The forward-looking statements
contained in this press release are made as of the date hereof, and
we do not undertake any obligation to update any forward looking
statements, whether as a result of future events, new information,
or otherwise.
CONTACTS: Mr. Stuart Brame VP Corp Information Direct
780-833-4673 Office
702 307 1680 Website: www.Cytta.com info@cytta.com Investor and
Public Relations Contact: Jens Dalsgaard EraStar, Inc.
http://www.erastar.com/ (702) 480-9800
admin@erastar.com
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