Replies to post #81790 on Pervasip Corp (PVSP)

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Pervasip Announces Acquisition of Indoor Agricultural Business

Feb 12, 2015 (ACCESSWIRE via COMTEX) -- WHITE PLAINS, NY / ACCESSWIRE / February 12, 2015 / InvestorsHub NewsWire - Pervasip Corp. (USOTC:PVSP) ("Pervasip" or the "Company") announced that it has agreed to acquire 100% of the issued and outstanding equity of Canalytix LLC.

Canalytix provides advanced analytics for indoor agriculture. Its integrated cloud-based platform allows users to monitor and control greenhouse facilities or any large indoor growing operation through the cloud, including real-time data of energy usage, HVAC systems, lighting and costs.

"We are excited to leverage our historical technology development experience to gain entry into an exciting and rapidly growing business," said Paul Riss, Pervasip's chief executive officer. "We intend to close the transaction later this month and will provide additional information as appropriate."