OUR VISION: WE ARE DEDICATED TO THE INTERNET OF THINGS BY DESIGNING DEVICES, DEVELOPING DEVICES AND CLOUD INFRASTRUCTURE SOFTWARE FOR THOSE DEVICES.
GLOBAL INNOVATION IN EMERGING MARKETS: WE WORK WITH THE BRIGHTEST SOFTWARE AND HARDWARE ENGINEERING TEAMS AROUND THE WORLD TO BRING IoT DEVICES TO LIFE.
STRATEGIC PARTNERSHIPS TO SOLVE IoT CHALLENGES: WE ACTIVELY SUPPORT IoT TEAMS WITH STRATEGIC THINKING AND ACCESS TO TRANSFORMATIVE RESOURCES TO ENABLE MARKET EXPANSION.
Morpheus is a server/player media capture and distribution system. Designed for consumers with easy install and setup wizards. Morpheus systems provide the audio and video streams that are at the center of Home Automation systems working together with controllers such as Elan, Crestron and Control4 that automate lights, climate and doors to make complete the home automation experience.
Our easy-to-use mobile app allows food trucks, mobile boutiques, rolling service providers, and other non-traditional small businesses to connect with customers, increase sales, and improve their bottom line. We’ve integrated patent-pending technology that connects instantly to customers through bluetooth beacons. With the push of a single button, thousands of customers throughout the city will be able to effortlessly discover and locate trucks.
Truck It's beacon platform is as simple as the push of a button. • Post Location • Post hours of operation • Post menu and photos • Post on Social Media • Send out push notifications
The Knoton is a combo IOT device with GPS, BLE/WIFI, 3G and sensing modules. It has a core module with lots of functionalities. It can be used as a wearable device or mounted on a surface to be a Health tracker, Pet tracker, Home automation controller, Safety, ENS, Child Tracker, Sudden Infant Death warning just to name a few uses. It has SMS services, WIFI and BLE functionality, Motion and location detection. It can be expandable with interface modules.
Signature Devices Signs Agreement to Acquire Four (4) Internet of Things Companies Under Subsidiary Innovo Technology
IRVINE, CA--(Marketwired - Jan 11, 2017) - Signature Devices, Inc. ( OTC PINK : SDVI ) -- today announced the formation of Innovo Technology (www.innovotech.io) and the acquisition and merger of Four (4) IOT companies.
Innovo Technology, a leading software and hardware development company has launched its IOT business. Four companies were formed at start-up Incubator Inqubus, the subsidiary of Central Wireless and later acquired by Signature Devices, Inc. Innovo develops and manufactures devices for digital home media management under its Morpheus brand combined efforts with, Truckit, Tazerwear and Knoton to create a connected platform for the Internet of Things. The expected closing date for the transaction is February 1st, 2017. Two of the four companies are already profitable.
The Extreme High Bit Rate (ExHBR®) Morpheus Media Server gives consumers a high end media repository that integrates nicely with products like the Apple TV and Roku as well Morpheus's own dedicated ExHBR® players. Morpheus offers multiple solutions, which are currently sold, to distributors and installers. Innovo will focus on producing a direct to consumer version of the product, which is already in beta. The Morpheus servers have been in market and sold to customers in Asia, Europe and the Middle East. The company has generated over $200k in product sales with minimal fanfare. The global market for home media servers is projected to reach $200 billion.
Knoton develops IOT devices and supporting software to be used for any IOT based products. The portable device can be used for tracking one's health, a pet's location, a child tracker, Home Automation and other IOT services. The modular platform will enable hardware developers to develop their own products using a library of 50+ sensor covering health, lifestyle and security. The wearables device market produced $20 billion in 2015 and projected to be at $70 Billion by 2025.
Tazerwear develops AI based software for smart object recognition and applies those algorithms to sensors and wearable devices.
Truckit is a beacon platform provider for the food truck industry which is now based on Knoton Technology. The beacon technology simplifies the communication process between the food truck operator and its consumer with the simple touch of the button by creating a geofenced push notifications via sms or posting to social media. With 100 beacons in market and generating revenue, Truckit is poised to be the clear leader in the next 12 to 18 months. The Food truck industry is expected to generate $2 billion in revenue in 2017 powered by 10000+ trucks.
Innovo, which is already at revenue stage and deploying the best in hardware technology, combines Neural-based Artificial Intelligence to manage and control various consumers and businesses devices. "Our technology portfolio is a unique blend of algorithmic software driven by AI and custom-designed specialized hardware that can manage multiple concurrent engagements with devices," said Innovo's President, Inas Azzam. Joining Mr. Azzam are founders from all the company's including Jordan Medlock and Travis Stephens.
Signature Devices, Inc. is currently in the process of updating the financials on OTC Markets and to become OTC Pink Current. Signature Devices will be consolidating the company's financial statements with the financials and assets of its subsidiary Graffiti Entertainment, Inc. The company will also be releasing new information and details about the four new acquisitions and Graffiti Entertainment.
Based in Irvine, California, Innovo Technology combines the best of the technologies underpinning the popular Morpheus media server, Tazerwear's AI Software, Truck It's beacon platform with Knoton's hardware, infrastructure and software. The result is a company that blends custom software and powerful hardware IoT-interconnected devices. Learn more by visiting: http://innovotech.io/about/
About Signature Devices, Inc.
Based in Sheridan Wyoming, Signature Devices, Inc. (www.signaturedevices.com) ( OTC PINK : SDVI ) is a holding company with subsidiaries that develop Internet of Things (IOT) products through its subsidiary Innovo Technologies, Inc., and publishes diverse media products including video games and mobile applications through its subsidiary Graffiti Entertainment, Inc.
2017 Year End Shareholder Letter Update from CEO of Signature Devices Inas Azzam
Dec 29, 2017
OTC Disclosure & News Service
Sheridan, WY -
At the end of every year I try to assess my year. I look for measures of happiness that include goals set and accomplished in both my personal life and professional life. As I go through the list for 2017, I have definitely have had some challenges. However, no year is without challenges and hardships. Instead of rehashing the hardships, I try to focus on the positive side of the equation. In the positive columns this year are many good things. Without boring you with too many details of personal life, this year I have gotten a little closer to my sisters, learned patience when sharing care for my elderly mother, developed a better understanding with my brother and made the bond with my wife even stronger. I have learned a few more techniques on how to barbecue an amazing steak, sous vide a cowboy-cut ribeye, slow and low roast a brisket and developed a very healthy falafel recipe.
On the professional side of things I am deeply grateful and gratified. Innovo Technology has developed and grown. The company has accomplished many of the goals we set out for ourselves. We have successfully merged all parts of the company into a single entity and interconnected much of the technologies. We continued to improve existing products and designed new ones. We continued to innovate on the software front by developing Artificial Intelligence algorithms that can be utilized cross-platform.
What have we done?
From my letter to shareholders earlier this year I set the following goals for the year.
"Before year end we plan to complete a unified platform for all of our technologies. "
We have done this. All of our products now have a common platform and we have started to use that platform to drive new products forward like the Knoton and the next generation of Morpheus.
"Our marketing efforts will also intensify as we begin launching the Morpheus brand in the USA. "
We have already attended CEDIA and did some follow up campaigns in the USA. This is by no means the end of this work but just the start. While the leads and business opportunities were a bit slower to come in than I anticipated they are still ongoing and results are adding up.
"We will also grow the market of the great social notification platform of TruckIT and develop new markets for the product such as restaurants, venues and the growing pop-up market."
The TruckIt platform has been a bit slower to develop than I originally planned. This was largely due to a strategic change in development. Rather than develop the TruckIt app then develop its physical component, the engineering team along with the advisors determined that its better to develop both in tandem and fold the physical component into the Knoton. We also decided to make the TruckIt platform malleable by design to other use-cases so that we can bring products to market much faster in the coming year.
The goal is to transform Innovo Technology into a single hardware platform that can be morphed into any number of devices. Then, continue to write powerful software that can also be transformed into apps with ease using our proprietary libraries along with our vast knowledge of open source packages available to us.
For the most part we have accomplished this goal during the year. We brought on board knowledgeable and experienced team members to continue developing our technological competitive advantage. We continued to develop our software and design new products.
What is in store for 2018?
We are a technology company first and foremost and that will always be a central focus. We will continue to innovate and develop our products further.
On the development roadmap for 2018 is the release of the Knoton. In the next few weeks we will be releasing the final design for the Knoton along with the use-cases and the marketing plan. The Knoton is a promising device that will take advantage of the ever-growing IoT market. The Knoton will also be designed to be a secure blockchain IoT device that can be weaved into a complete IoT system. Such device when deployed in the thousands or millions of units can then form a complete system that can have profound uses in the crypto-currency and distributed-computation market segment. The IoT market is still in its infancy and developing fast. The Knoton is designed to take advantage of this large market.
We will also be revamping our Morpheus line to maintain a cutting edge advantage in the media delivery market. A few of the upgrades that are planned are an upgrade to the entire line to 4K and the introduction of a Morpheus device designed for the consumer market rather than just the professional market.
The TruckIT app will be finalized in the first quarter of 2018 and ready for release. We are currently finalizing the IOS version.
We also are planning several marketing campaigns to increase brand awareness and drive sales of Morpheus, TruckIT and the Knoton. The goal is to increase wide adoption of the Morpheus Line and have a successful launch for the Knoton along with TruckIT.
What do we need to get there?
Resources. Resources. Resources.
I see 2017 as the year that merged the companies and laid the groundwork for growth and value. We also secured some financial resources that will be required to continue our growth. So far a small group of private investors and the sales from Morpheus have financed our company. However in order to grow fast and develop substantial shareholder value we need to secure further resources to fuel our growth. To that effect we have worked with several financing partners and have secured some of vehicles in the form of private investment and the Reg A filing that we plan to complete in the first half of 2018. Sure the math doesnt add up at this point to take advantage of the full value of the agreement, however as we drive share value higher through our growth and innovation we will be in a good place to take advantage of the offering in order to secure the required resources to continue growing the company and increasing shareholder value.
I strongly believe in our company and our products. I am very excited about whats to come and looking forward to an amazing 2018.
To our investors, partners and hard working team members I wish you a happy and fruitful new year.
Copyright © 2017 OTC Markets. All Rights Reserved
Signature Devices, Inc. Announces 50% Revenue Increase for Q1 2018 Press Release | 05/04/2018
IRVINE, CA, May 04, 2018 (GLOBE NEWSWIRE) -- Signature Devices, Inc. (OTC PINK: SDVI) today announced that its revenues increased to around $75k in Q1 2018, which is a 50% increase in revenues vs Q4 of 2017. The company also announced that it reached near break even for the quarter in net revenue.
Innovo Technology’s second year as a public company is off to a great start without even going into full production of its flagship Morpheus Pro product line or the full launch of the innovative Knoton.
The company spent 2017 focusing on further developing the award-winning Morpheus products that generated a net positive income in Q3 2017, while hitting $140k total revenue in 2017. The company has already generated 50% of total revenue of 2017 in Q1 of 2018 and has lots of big plans for the rest of the year. “Innovo Technologies is a start-up in every sense and because we are public, our value isn’t nearly where it should be. Private companies in our space see valuations 20-30 times where we are currently. However, we are uniquely positioned for explosive growth once we secure the necessary resources for the planned expansion” said Inas Azzam, CEO of Signature Devices.
Most recently, Innovo announced the launch of a kickstarter campaign focused on its most innovative product to date, the Knoton; a highly customizable IoT device focused on school safety, personal security and blockchain-based secure transactions.
The full report will be filed on 5/15/2018 and will be available at https://www.otcmarkets.com/stock/SDVI/disclosure
You can also follow the company on Twitter for small updates and announcements, https://twitter.com/SignatureDevice
About Innovo Technology, Inc.
Based in Irvine, California, Innovo Technology combines the best of the technologies underpinning the popular Morpheus media server, Tazerwear's AI Software, Truck IT's beacon platform with Knoton's hardware, infrastructure and software. The result is a company that blends custom software and powerful hardware IoT-interconnected devices. Learn more by visiting: http://innovotech.io/about/
About Signature Devices, Inc.
Based in Sheridan, Wyoming, Signature Devices, Inc. (www.signaturedevices.com) (OTC PINK: SDVI) is a holding company with subsidiaries that develop Internet of Things (IOT) products through its subsidiary Innovo Technologies, Inc., and publishes diverse media products including video games and mobile applications through its subsidiary Graffiti Entertainment, Inc.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Signature Devices, Inc. Investors Relations firstname.lastname@example.org 650-654-4800 ext 111 http://www.signaturedevices.com