DarkPulse Inc (DPLS)

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NEW YORK, May 07, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- DarkPulse, Inc. (OTC Markets: DPLS) (“DarkPulse” and the “Company”), a technology-security company focused on the manufacture, sale, installation and monitoring of laser sensing systems based on the Company’s patented BOTDA dark-pulse sensor technology (the “DarkPulse Technology”), announces today that it has entered into a non-binding Memorandum of Understanding with TS Korea Inc. (“TSK”), an electronics manufacturer based in Yongin, South Korea, with the goal of entering into a future definitive agreement with TSK to establish the Company’s first contract manufacturing and supply chain operation in Asia. Upon the execution by DarkPulse and TSK of a future definitive agreement, of which there is no guarantee, TSK would (i) contract manufacture on a non-exclusive basis the Company’s sensor technology systems (the “DarkPulse Technology Products”) based on its DarkPulse Technology, and (ii) assist the Company with its supply chain logistics including the delivery of the DarkPulse Technology Products to the Company’s global customers. The DarkPulse Technology Products and related monitoring services provide the Company’s customers with a data stream of critical metrics for assessing the health and security of infrastructure for applications in border security, pipelines, oil and gas, aviation and aerospace, and mine safety.
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