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News letter 7/18/24
Dear Shareholders,
I hope this update finds you well. We are pleased to share several significant developments and exciting new initiatives at Cytta that continue to drive our growth and enhance our market presence.
1. New Purchase Orders for CyttaCOMMS We are delighted to announce the signing of several new purchase orders for our CyttaCOMMS communication platform. These orders reflect the growing demand for our innovative solutions and our commitment to providing the highest level of service and technology to our clients. This milestone not only strengthens our revenue stream but also underscores the value and trust that our customers place in CyttaCOMMS.
2. Launch of CyttaCOMMS Marketing Campaign in Texas Our marketing team is actively setting up a comprehensive campaign in Texas to promote CyttaCOMMS. This strategic initiative aims to expand our footprint in one of the largest and most dynamic markets in the country. We are leveraging various marketing channels, including digital advertising, social media, and industry events, to reach potential clients and showcase the unparalleled benefits of CyttaCOMMS. We believe this campaign will significantly boost our visibility and drive further sales growth.
3. Introduction of the Drones in Action Blog Series We are excited to introduce a new blog series from CyttaAIR titled "Drones in Action: Transforming Florida Law Enforcement." This series highlights real-world use cases of drone technology by leading law enforcement agencies in Florida, demonstrating the impactful ways in which our technology enhances public safety and operational efficiency. The first two posts in the series feature the Collier County Sheriff’s Office and the Orlando Police Department, showcasing their innovative use of drones for search and rescue missions, event monitoring, and crime scene analysis. We encourage you to read and share these insights as we continue to highlight the transformative power of drone technology.
These initiatives mark significant steps forward for Cytta, and we remain committed to driving innovation and delivering value to our shareholders. We will continue to keep you informed of our progress and look forward to sharing more exciting updates in the weeks to come.
Thank you for your continued support.
Sincerely,
Gary Campbell
CEO, Cytta Corp
Part 2 :
Q6. How important is forging relationships with channel partners to Reticulate’s commercial market strategy? Who are some of the partners that Reticulate is working with today?
Eddy: I firmly believe that technology has to be sold not bought and trusted relationships are vital. It takes active participation from solution providers to engage with business customers. Our channel partners are incredibly important to us as they have the relationship with end customers, and they’re able to provide the value-added services that go along with implementing our technology. We’re working with partners who bring a significant amount of credibility to our sales efforts in aerospace and defense and key commercial verticals.
Q7. One of your roles is creating a charter and recruiting members for Reticulate’s Advisory Board. What is the function of this group and what value do you see them bringing to Reticulate?
Eddy: We’re growing our advisory board with influencers who have an affinity for solving problems and bringing innovative products to market. They’re essential in getting early adopters to work with us on novel use cases. They are industry leaders who open doors and connect us with partners and customers in respective verticals, including military, entertainment and critical infrastructure such as oil and gas. We appreciate their trust and guidance as we continue to make inroads in key markets.
Q8. What are you most looking forward to this year at Reticulate Micro? Is the commercial market ready for what Reticulate has to offer?
Eddy: I want to see our VAST and VisionOS technologies fully adopted in the different programs that we’re engaged in demos and trials. We continue to impress prospects in achieving what they thought was not possible. The enthusiasm is palpable. I’m seeing that as well in some areas that I’m not at liberty to discuss at this point. All I can say is that first movers stand to win big. I want to see our partners excited at the prospects of making a huge difference in the market. And I want to meet those technology enthusiasts trying to solve problems or looking for potentially new revenue streams or operational efficiencies in the world of video streaming, image processing and real-time communications.
https://reticulate.io/wp-content/uploads/2023/03/Reticulate-Micro-Logo-640x179.png
Reticulate Micro, Inc.
3255 Bayside Lakes Blvd #106
Palm Bay, FL 32909
866-706-4276
At Reticulate, Eddy Martinez is leveraging his strong entrepreneurial and leadership experience to bring new products with broad commercial application to market. He oversees Reticulate Micro’s sales, marketing, business development and program management functions across industry verticals.
Prior to joining Reticulate Micro, Eddy ran “shark tank” for technology investments at Fortune 500 companies. He was responsible for due diligence, program management and annual capital expenditures for all projects totaling over $100 million. Below, Eddy discusses what excites him most about Reticulate, the key drivers for building successful tech businesses and what it takes for new products to achieve scale.
Q1. You have a very diverse background over three decades as helping bring to market technology-enabled solutions across transportation, logistics, hospitality, and other sectors. You even ran a “shark tank” for technology investments at Fortune 500 companies. What did you learn about the importance of innovation and disruption when getting to market? What makes the most successful tech businesses
Eddy: The critical lesson I’ve learned over three decades in the business of technology is the importance of understanding the market and getting feedback quickly and often. Technology itself is just a part of the equation; the true value lies in being able to achieve widespread adoption and effectively scale the business. You must streamline the entire customer journey to make it easy to do business with.
Many companies underestimate the challenges of getting people to adopt new technology and changing established behaviors. This process often takes longer and is more challenging due to the natural resistance to change, especially when the product is disruptive. To overcome this resistance, you need to make a compelling case for why someone should use your product. Consider the impact of change and the ripple effects it will create.
Early adopters are vital as they are always seeking innovation and willing to experiment with new technology. They have the motivation to appreciate changes in status quo and don’t require the same burden of proof as the broader market. They need demos, trials and some hand-holding, and once convinced, they become powerful advocates for your product.
Engaging early adopters strategically is crucial; timing is everything. You only have one chance to make an impression, but speed and time to market are equally important. I’ve seen instances where everything was executed flawlessly, the product met all the requirements, yet the prospects were unwilling to change their established ways. It’s easier to enter a blue ocean market with unmet or underserved needs than to replace entrenched incumbents. Targeting and owning a niche market allows you to build a base of early adopters who then become advocates helping you transition to a broader market.
In Reticulate’s case, it’s even more important to have visionaries and enthusiasts who understand and appreciate enabling technology. They will reap the benefits of a first-mover advantage and, at the same time, help us sharpen our message. The challenge with enabling technology is to avoid coming across as a solution in search of a problem.
Q2. As someone who has always appealed to innovators and early adopters, what attracted you to Reticulate Micro, with its mission of delivering resilient comms capabilities over any medium?
Eddy: There’s always a certain appeal in adopting technology used by our military forces or NASA. What truly attracted me to Reticulate Micro was the passion our CEO has for our mission and the personal experiences he shared from his time in the Special Operations Community. As the former branch director of Communications and Research at DEVGRU (aka Navy Seal Team Six), he has lost friends in battle where secure, resilient and trusted communications could have meant the difference between life and death, winning and losing. As he often says, “You can’t defeat an enemy you can’t see.” It doesn’t get more real than that.
Our VASTTM video-streaming product embodies this mission by enabling video transmission from virtually any location and transporting it across any medium, even in the most challenging environments. This capability opens up limitless possibilities, making a significant impact not just in the military defense arena but also in adjacent markets.
Our mission would be incomplete if we didn’t have VisionOSTM – our foundational, open standards-based communications platform that makes it easy to ingest videos and images and integrate them into mission-critical workflows. It is one of the most secure communication platforms, with end-to-end encryption available to any comms service – voice, video and chat.
The ability to combine these capabilities securely with post-quantum encryption technology is a game-changer, especially in today’s world with the emergence of AI and the threat of deep fakes. Secure, trusted, and resilient communications is more important than ever.
Q3. It’s not always enough to have great tech. You also need to bring products to market at scale. Is the “at scale” piece a challenge, especially for startups? How do newer tech firms need to change their thinking if they want to achieve scale?
Eddy: Scaling a product is indeed a significant challenge, especially for startups and emerging growth companies. Beyond designing for adoption and scale, there is a big difference between a working prototype, a minimal viable product (MVP) and a commercially viable product. Entrepreneurs lacking the experience to operate at speed and scale often hit a wall that is difficult to overcome, if not fatal. They might have a great idea and be incredibly resourceful and determined, creating a prototype or MVP with minimal resources. However, they often focus so much in getting the product to market that they overlook the broader business needs across Sales, Marketing, Engineering, Operations, and administrative functions like HR, Finance, Legal and IT.
Moreover, many overlook the buying process at scale from the customer’s perspective. For example, targeting large corporations requires understanding that their costs can become substantial when adopting new capabilities across their entire operation. Even with a compelling ROI, the upfront costs are certain while benefits may take time to materialize. If the investment isn’t planned and in the forecasted budget, it likely won’t happen.
Reticulate knows how to operate at speed and scale. We have a senior, multi-disciplinary team that shares a product-led growth mindset, emphasizing user-centric design, try-and-buy features, a frictionless onboarding process, feedback loops, high-quality standards and technical readiness levels.
Q4. Reticulate is focused first on military and defense with our video encoding compression and transport via tactical radios and ground segment terminal management and satcom. How is the military changing the way they buy technology? Is it a good time to be a startup with innovative defense technology?
Eddy: It’s always a good time to be in defense technology when you have something innovative that can improve outcomes for our military.
Reticulate’s business development team is seeing significant changes in the way the U.S. military procures technology, driven by the need to keep pace with rapid technological advancements and maintain a competitive edge.
We’re finding that the government is willing to support rapid prototyping and fielding, enabling quicker responses to emerging threats. Several federal agencies actively participate in Small Business Innovation Research (SBIR) programs that encourage engagement in federal R&D with potential for commercialization.
The US Space Force and DoD are emphasizing dual-use technology and a modular, open systems approach (MOSA) across programs. MOSA will speed up technology adoption and enable easier upgrades and integration of new technologies. The Space Force’s Commercial Space Strategy calls for new pathways for commercial partnerships and to capitalize on rapidly emerging technology. The strategy reflects the imperative to seize on the commercial sector’s ability to rapidly develop and field technology.
The military is prioritizing the procurement of Artificial Intelligence (AI) and Machine Learning (ML) technologies to enhance decision-making, autonomous systems and cybersecurity. We also see a focus on quantum computing research and technology to gain strategic advantages in encryption, communications and sensing.
Q5. Reticulate isn’t just a defense tech firm – what are the most promising commercial industry verticals that Reticulate hopes to penetrate in the next year?
Eddy: We’re addressing the biggest needs at the edge, which in military and defense applications means the front lines and remote locations where communication infrastructure is limited or non-existent. Critical needs include reliable, secure and efficient communication channels that ensure real-time information sharing and operational coordination. Those needs are common to so many other sectors. That is what is so exciting, innovative and potentially disruptive.
We’re seeing traction across several markets, including drones, robotics, critical infrastructure, emergency management, smart cities, fleet management, security and surveillance systems, healthcare, and maritime operations. In short, we’re positioned to deliver high-quality video and images in ways never thought possible.
Think about the prospects of compressing video as much as 5,000: 1 or images at 98% without compromising quality at super low bitrates and latency. It opens a lot of possibilities where previously you couldn’t get video either due to bandwidth constraints or cost concerns. If we are capable of providing high-quality, real-time, video streaming under 100 milliseconds for weapons systems, we can do the same for emergencies, transportation networks, broadcast media, and gaming applications.
For cruise lines, where downloading video via satellites links is extremely costly, being able to compress those signals is a big savings for them. Anywhere where there are surveillance and security camera systems, the amount of video and images that they transport and store is huge. We are seeing demand for secure, real-time communications like video conferencing, interactive global webinars and telemedicine applications.
Where it gets really interesting is the ability to couple our technology with AI compute at the edge, enabling real-time data processing, analysis, and decision making. This allows for immediate object detection, facial recognition, threat assessments, customer experience, and more. For example, in disaster-stricken areas where communications infrastructure is damaged, it can save lives by identifying survivors, assessing damage, and prioritizing rescue operations. In healthcare, AI-enabled edge devices can analyze video feeds and sensor data to monitor patient health in real-time, detect falls, and alert medical staff to emergencies.
Video feeds and AI at the edge can be used to monitor and manage critical infrastructure such as oil rigs, wind turbines and solar panels. Real-time data analysis helps in predictive maintenance, optimizing energy production, and ensuring safety by detecting anomalies and potential hazards.
None of this is possible without the expertise and experience of solving complex problems. Our CTO John Dames is a multi-patent holder in situational awareness and advanced user interface breakthroughs that have solved many complex problems like the ones I shared. One standout example is John’s use of facial recognition in concert settings to pinpoint individuals deemed a security threat to a global entertainer.
$CYCA Cytta Corp cytta.com
Friday June 28th 12 noon edt/ 11cdt
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Friday June 28th 12 noon edt/ 11cdt
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This is very promising and exciting for the company and shareholders
https://www.globenewswire.com/news-release/2024/06/27/2905450/0/en/Bioxytran-s-Advisor-Releases-Book-on-Hyperbaric-Oxygenation-Related-to-Stroke-Alzheimer-s-Patients.html
Yes. 500+ inquires.
Purchase orders
Pending installations
Pending Demos
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Yes. Exciting news
Yes, this is exciting news that we are now in the drone selling business!
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I contacted these people three times before May 25 asking them what they were going to do with the options the warrants that shareholders of Panasonic lithium received PLUUF!
Please share this with everyone, you know.
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Join us for live weekly shareholder update
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This is Friday May 17th live update recorded.
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News new!
Cytta getting sales in Florida
https://cytta.com/cytta-corps-cyttacomms-initiative-for-florida-law-enforcement-agencies-generates-overwhelming-response-amid-new-drone-regulation-changes/
Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.
https://emerginggrowth.com/emerging-growth-conference-70/
Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.
https://emerginggrowth.com/emerging-growth-conference-70/
Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.
https://emerginggrowth.com/emerging-growth-conference-70/
Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.
https://emerginggrowth.com/emerging-growth-conference-70/
$AXIL www.goaxial.com
Has only been on the NYSE Amex Exchange for less than 90 days!
This was 2013.
I can’t tell you how much money I’ve wasted with this stock
SmartMetric Claims $13.4 Billion in Patent Infringement Lawsuit Brought Against Visa and MasterCard
Largest Patent Claim in USA History
BAY HARBOR, FL--(Marketwired - May 7, 2013) - SmartMetric, Inc. (OTCQB: SMME) -- The President and CEO of SmartMetric, Inc., Ms. Chaya Hendrick said this morning, SmartMetric's Patent infringement litigation against Visa and MasterCard based on its issued "464" patent that covers data cards (smart cards) is claiming $13.4 Billion collectively from Visa and MasterCard in damages and paid up royalties.
After a number of years before the court, two Markmen hearings and a successful appeal to the United States Federal Appeals Court in Washington DC, Ms. Chaya Hendrick said today that the company is looking forward to having its case heard before a trial by jury on September 9th, 2013.
For further information on SmartMetric and its technology please go to its website, www.smartmetric.com.
About SmartMetric, Inc.
SmartMetric, Inc. has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud. It is one of the most advanced portable identity authentication solutions in the world today. The card contains a biometric fingerprint scanner and reader which only you can unlock and is smaller and thinner than a credit card. The SmartMetric card is ideal for a wide range of consumers, including Personal, Government and Corporate. For more information please visit us at www.smartmetric.com
Safe Harbor Statement
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.
Contact Information
Contact:
Investor Relations:
Jens Dalsgard
ConstellationAA.com
415.524.8500
SmartMetric, Inc.
Ms. Chaya C. Hendrick
President & CEO
Office: 786.294.6000
Direct: 305.607.3910
ceo@smartmetric.com
This is yesterday‘s live weekly update! Please share this with everyone you know
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Link to the live weekly update!
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