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AdvanceTC Submits Trademark Application for Its New Mobile Application

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AdvanceTC Limited (OTCQB:ATCLF) has submitted a trademark application for its new Multimode Communications App, StarzChat. The trademark will safeguard its commercial potential and illustrates the company's commitment to innovation. StarzChat offers various communication modes such as messaging, video calls, and emergency location sharing. The app is set for public release by August 2021, pending completion of trials. This move is seen as a significant step for AdvanceTC in protecting its intellectual property within the mobile application sector.

Positive
  • Trademark application for StarzChat enhances the company's commercial protection.
  • StarzChat will integrate multiple communication features, appealing to diverse users.
  • Public release of StarzChat is planned for August 2021, signaling product launch readiness.
Negative
  • Forward-looking statements indicate potential risks in execution and market acceptance of StarzChat.
  • Dependence on the approval of regulatory bodies adds uncertainty to the trademark application process.

NEW YORK, NY, May 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AdvanceTC Limited (NSX:A88, OTCQB:ATCLF), the premier technology company specializing in the design and development of mobile telecommunication and computing devices, is pleased to announce the recent submission of the application for StarzChat, the Multimode Communications App as a trademark (™) through its appointed trademark lawyer.

Please see the design submitted for the trademark registration which shall be utilised in all future communications, whether through documents or online, in relations to its StarzChat Multimode Communication App.

“This trademark allowance will be not only another important milestone in protecting the commercial potential of StarzChat, but along with other recent allowances, demonstrates our strong overall commitment to protecting the innovation and commercial opportunity of our entire product portfolio," said CP Loi, Chief Executive Office of AdvanceTC Ltd.

The application has been submitted for the international class 9 of application software for mobile telephones/smartphones.

About StarzChat

StarzChat is an app that combines multiple modes of communication including direct messaging, creating group channels, video calling, Push-To-Talk, live video broadcasting and emergency location sharing. The StarzChat platform is equally suitable for public facing communication or for secure private networks. The Company is targeting release of the app to the general public by August 2021, upon the completion of the trial. For more information and features available on StarzChat Multimode Communication app, please click here: 

https://advancetc.com/index.php/our-products/starzchat/

About AdvanceTC Limited

AdvanceTC is a premier company specializing in the design, development and commercialization of high tech mobile wireless computing and telecommunication devices since 2005. AdvanceTC W3, a full Windows® OS microcomputer integrated with cellular telephony capabilities and the Xplore X7 the world first android smartphone with satellite messaging and emergency service, fully designed and developed using its own patented proprietary technology and engineering innovation.

Follow us on our social media accounts:

https://twitter.com/advancetc_ltd

https://www.instagram.com/advancetc_ltd/

https://www.linkedin.com/company/advancetc/

https://www.facebook.com/advancetcltd/

For further information please contact:

CONTACT:

Name: CP Loi/ Chief Executive Officer

Email: loicp@advancetc.com

Website: www.advancetc.us

Forward Looking Information

This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of AdvanceTC. Forward looking statements are often identified by terms such as "will", "may", "should", “intends”, "anticipates", "expects", “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the NSX and the risk that AdvanceTC will not be successful due to, among other things, general risks relating to the mobile application industry, failure of AdvanceTC to gain market acceptance and potential challenges to the intellectual property utilized in AdvanceTC. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Australian securities laws.

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FAQ

What is the latest news about AdvanceTC Limited's StarzChat?

AdvanceTC Limited has submitted a trademark application for StarzChat, its new Multimode Communications App, aimed at enhancing its commercial potential.

When is StarzChat expected to be released to the public?

StarzChat is targeting a public release by August 2021, following the completion of trials.

What features will the StarzChat app include?

StarzChat will offer direct messaging, group channels, video calling, and emergency location sharing.

What risks are associated with the StarzChat trademark application?

There are risks related to the completion of definitive documentation, satisfactory due diligence, and obtaining regulatory approvals.

ADVANCETC LTD

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