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Wednesday, 08/17/2022 1:24:24 PM

Wednesday, August 17, 2022 1:24:24 PM

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Satellite project update (read)

AI Venturetech Announces Agreement with Touchpoint Group (TGHI) to Advise on Satellite Communications Project
AUGUST 17, 2022

(NEW YORK)–AI Venturetech, Inc., an next generation technology research lab and advisory firm, announced it has signed agreement with Touchpoint Group Holdings, Inc. (OTC:TGHI) to explore joint development of satellite and ground-based communications.

The Company announced it has signed a Memorandum of Understanding (MOU) with Touchpoint Group Holdings, Inc. to advise on Deep Sky Connect project regarding joint development of satellite and space communication services.

Touchpoint Group will advise on project development and strategic partnerships to include, but not limited to, ground station equipment, data encryption, Low Earth Orbit (LEO) communications, and cloud-based applications.

Tom Bustamante, the CEO of AI Venturetech, Inc. commented, “We are very excited to work with Touchpoint Group based on their extensive experience in satellite and GPS technology. We feel the company would be a great advisory partner not just for their expertise, but their experience in developing successful satellite communication projects in the past.”

“Touchpoint experience in satellite technology makes for a perfect addition to our growing partnerships with Tego Cyber (OTCQB:TGCB) cyber threat detection, and Xi Protocol, a distributed ledger technology protocol, developed by Geometric Energy, that utilizes space infrastructure through Metaoracles to leverage existing global satellite communication (SATCOM) networks.”

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About AI VentureTech

Located in New York City, AI VentureTech is an AI research lab and consulting firm focused on leveraging next generation technologies to deliver data-related products and solutions that empower enterprise clients by improving their business e?ciency, and enhancing their shareholder value. Our rapidly growing community of qualified investors seek out disruptive opportunities in areas of artificial intelligence, healthcare, manufacturing, quantum computing, cybersecurity, and space technology.



Forward-Looking Statements

This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

AI Venturetech, Inc.
Tom Bustamante,
Founder & CEO

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