Gen2 Technologies (BRKK) Announces Agreement to Expand Reach in the UK and Globally

Rhea-AI Summary

Gen2 Technologies (OTC: BRKK) announced a collaboration with former UK Minister Phil Woolas to enhance discussions with English Premier League clubs regarding its Iris Media Network. The initiative aims to make sports more accessible and entertaining. Woolas emphasized the potential benefits of the Iris Media Network, which utilizes miniature body-worn cameras to enhance fan engagement. The company has also released a whitepaper detailing the digital token supporting this launch. For more information, visit brkgen2.com.

Positive

• Collaboration with Phil Woolas could enhance business opportunities in the UK sports sector.
• Iris Media Network may attract significant interest from major EPL clubs, boosting potential revenues.
• The use of innovative technology (miniature cameras) positions the company favorably in the sports tech market.

Negative

• The company faces risks related to commercialization of its helmet camera and competition in the industry.
• Need for capital raises to meet business requirements could strain financial resources.

HENDERSON, Nev., Feb. 19, 2021 /PRNewswire/ -- Gen2 Technologies Inc. (the "Company") (OTC: BRKK) is pleased to announce that it will collaborate with Mr. Phil Woolas, who formerly served as Minister of State for the Treasury in the UK and currently works in, amongst other areas, sports and government initiatives.

Mr. Woolas will help, in the first instance, to facilitate Gen2 Technologies' conversations with a number of leading English Premier League ("EPL")  clubs as we seek to drive forward our cutting-edge Iris Media Network. The EPL is one of the most viewed and iconic sporting leagues, with marquee names such as Manchester United, Arsenal and Liverpool attracting audiences globally.

According to Mr. Woolas, "Making sport - and in particular, football - more accessible and more entertaining to the general public is a compelling proposition. I believe that the Iris Media Network, with its miniature body-worn Iris cameras, can benefit both EPL clubs and players, along with the legions of EPL supporters around the world. I am excited to see how this novel application of technology in sport will develop."

To view the whitepaper discussing the digital token supporting our Iris Media Network launch, please visit www.brkgen2.com

For further queries, please feel free to email the Company at: michael.kovacocy@gen2technologies.com

BRK Inc./Gen2 Technologies Inc. (OTC PINK: BRKK), The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should," ''poised,'' and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on BRK Inc.'s website, http://www.brkgen2.com does not constitute a part of this release.

Contact:
michael.kovacocy@gen2technologies.com

brkgen2.com  
(440) 597-6150

View original content:http://www.prnewswire.com/news-releases/gen2-technologies-brkk-announces-agreement-to-expand-reach-in-the-uk-and-globally-301231733.html

SOURCE Gen2 Technologies Inc.

FAQ

What is the significance of Gen2 Technologies' collaboration with Phil Woolas?

The collaboration aims to enhance Gen2's engagements with English Premier League clubs, potentially increasing revenue opportunities.

How does the Iris Media Network benefit EPL clubs?

The Iris Media Network utilizes miniature cameras to improve fan engagement and accessibility to sports content.

What potential risks does Gen2 Technologies face according to their press release?

Risks include commercialization challenges, industry competition, and the need for capital to support business operations.

What technology is central to Gen2 Technologies' new initiative in sports?

The initiative focuses on miniature body-worn cameras as part of the Iris Media Network.

Where can I find more information about Gen2 Technologies' Iris Media Network and its digital token?

Additional details are available in the whitepaper on their website at www.brkgen2.com.