Cleartronic, Inc. Announces Strategic Acquisition of Alastar
Cleartronic, Inc. ($CLRI) has announced the strategic acquisition of Alastar, a technology platform previously co-owned by Advanced Technology International and the South Carolina Research Authority. The acquisition includes Alastar's trademarks, software, platform, clients, and employees. Alastar, established about ten years ago, specializes in situational awareness software for public safety and mission effectiveness.
CEO Marc Moore highlighted the opportunity to enhance CLRI's ReadyOp platform and add valuable talent. The companies offer complementary capabilities, and CLRI anticipates a smooth transition and integration of Alastar's capabilities into ReadyOp. The acquisition is expected to be accretive to Cleartronic's operations, providing greater programming capabilities and allowing for increased revenue from current clients and enhanced offerings to new clients.
Cleartronic, Inc. ($CLRI) ha annunciato l'acquisizione strategica di Alastar, una piattaforma tecnologica precedentemente co-proprietà di Advanced Technology International e dell'autorità per la ricerca della Carolina del Sud. L'acquisizione include i marchi, il software, la piattaforma, i clienti e i dipendenti di Alastar. Fondata circa dieci anni fa, Alastar si specializza in software per la consapevolezza situazionale per la sicurezza pubblica e l'efficacia delle missioni.
Il CEO Marc Moore ha evidenziato l'opportunità di potenziare la piattaforma ReadyOp di CLRI e di aggiungere talenti preziosi. Le aziende offrono capacità complementari e CLRI prevede una transizione e integrazione fluida delle capacità di Alastar in ReadyOp. Si prevede che l'acquisizione sarà accretiva per le operazioni di Cleartronic, fornendo capacità di programmazione superiori e consentendo un aumento delle entrate dai clienti esistenti e un miglioramento delle offerte per i nuovi clienti.
Cleartronic, Inc. ($CLRI) ha anunciado la adquisición estratégica de Alastar, una plataforma tecnológica que anteriormente era copropiedad de Advanced Technology International y la Autoridad de Investigación de Carolina del Sur. La adquisición incluye las marcas registradas, el software, la plataforma, los clientes y los empleados de Alastar. Fundada hace aproximadamente diez años, Alastar se especializa en software de conciencia situacional para la seguridad pública y la efectividad de las misiones.
El CEO Marc Moore destacó la oportunidad de mejorar la plataforma ReadyOp de CLRI y agregar talento valioso. Las empresas ofrecen capacidades complementarias, y CLRI anticipa una transición e integración suaves de las capacidades de Alastar en ReadyOp. Se espera que la adquisición sea acretiva para las operaciones de Cleartronic, proporcionando mayores capacidades de programación y permitiendo un aumento de ingresos de clientes actuales y ofertas mejoradas para nuevos clientes.
Cleartronic, Inc. ($CLRI)는 Alastar의 전략적 인수를 발표했습니다. Alastar는 이전에 Advanced Technology International과 사우스 캐롤라이나 연구 기관이 공동 소유하던 기술 플랫폼입니다. 인수에는 Alastar의 상표, 소프트웨어, 플랫폼, 고객 및 직원이 포함됩니다. Alastar는 약 10년 전에 설립되어 공공 안전 및 임무 효과성을 위한 상황 인식 소프트웨어를 전문으로 합니다.
CEO Marc Moore는 CLRI의 ReadyOp 플랫폼을 향상시키고 가치 있는 인재를 추가할 기회를 강조했습니다. 두 회사는 상호 보완적인 능력을 제공하며, CLRI는 Alastar의 능력을 ReadyOp에 원활하게 통합할 것으로 기대하고 있습니다. 이 인수는 Cleartronic의 운영에 긍정적인 영향을 미칠 것으로 예상됩니다., 더 큰 프로그래밍 능력을 제공하고 현재 고객으로부터의 수익 증가와 새로운 고객에 대한 향상된 제공을 가능하게 합니다.
Cleartronic, Inc. ($CLRI) a annoncé l'acquisition stratégique d'Alastar, une plateforme technologique précédemment copropriété d'Advanced Technology International et de l'Autorité de Recherche de Caroline du Sud. L'acquisition comprend les marques déposées, les logiciels, la plateforme, les clients et les employés d'Alastar. Alastar, fondée il y a environ dix ans, se spécialise dans les logiciels de sensibilisation situationnelle pour la sécurité publique et l'efficacité des missions.
Le PDG Marc Moore a souligné l'opportunité d'améliorer la plateforme ReadyOp de CLRI et d'ajouter des talents précieux. Les entreprises offrent des capacités complémentaires, et CLRI s'attend à une transition et à une intégration en douceur des capacités d'Alastar dans ReadyOp. L'acquisition devrait être accrétive pour les opérations de Cleartronic, offrant des capacités de programmation accrues et permettant une augmentation des revenus des clients existants et une amélioration des offres pour les nouveaux clients.
Cleartronic, Inc. ($CLRI) hat die strategische Übernahme von Alastar bekannt gegeben, einer Technologieplattform, die zuvor im gemeinsamen Besitz von Advanced Technology International und der Forschungsbehörde von South Carolina war. Die Übernahme umfasst die Warenzeichen, die Software, die Plattform, die Kunden und die Mitarbeiter von Alastar. Alastar, vor etwa zehn Jahren gegründet, ist auf Software zur situationsbedingten Wahrnehmung für die öffentliche Sicherheit und die Effektivität von Missionen spezialisiert.
CEO Marc Moore hob die Möglichkeit hervor, die ReadyOp-Plattform von CLRI zu verbessern und wertvolle Talente hinzuzufügen. Die Unternehmen bieten komplementäre Fähigkeiten an, und CLRI rechnet mit einem reibungslosen Übergang und der Integration der Fähigkeiten von Alastar in ReadyOp. Die Übernahme wird voraussichtlich positiv für die Operationen von Cleartronic sein, indem größere Programmierfähigkeiten bereitgestellt werden und Umsatzsteigerungen bei bestehenden Kunden sowie verbesserte Angebote für neue Kunden ermöglicht werden.
- Acquisition of Alastar's trademarks, software, platform, clients, and employees
- Enhancement of ReadyOp platform with complementary capabilities
- Potential for increased revenue from current clients
- Opportunity to offer enhanced services to new clients
- Addition of valuable programming talent
- None.
CLEARWATER, FL / ACCESSWIRE / August 8, 2024 / Cleartronic, Inc. (OTC PINK:CLRI) ($CLRI) ("Company") is pleased to announce the strategic acquisition of Alastar, a technology platform previously co-owned by Advanced Technology International and the South Carolina Research Authority (SCRA). This acquisition includes Alastar's trademarks, software, platform, clients, and employees.
Alastar, established approximately ten years ago, has been a key player in developing, marketing, selling, and implementing an online situational awareness software program designed to enhance public safety and mission effectiveness. The Alastar program is used by clients in South Carolina and across the United States.
Marc Moore, CEO of Cleartronic, Inc., stated, "Alastar represents a great opportunity for us to enhance our ReadyOp platform and add valuable talent to our employee group. Our two companies are very similar and offer complementary capabilities to clients. We anticipate a very smooth transition and the integration of the Alastar capabilities into our ReadyOp platform during the coming months. We also have a few clients in common who have expressed their enthusiasm for our companies becoming one and for our platforms to integrate. Adding these new capabilities to our ReadyOp platform will allow us to increase revenue from our current clients and offer an enhanced package of capabilities and services to new clients."
CLRI believes the acquisition is accretive to Cleartronic Inc.'s operations and will provide greater programming capabilities from the new employees in addition to other acquired assets.
About Cleartronic, Inc. (OTC PINK:CLRI) ($CLRI):
Cleartronic, Inc. (OTCPINK:CLRI), through its primary operating subsidiary, ReadyOp Communications, offers ReadyOp as a Software as a Solution (SAAS) that integrates planning, operations, communications, visual displays, reporting forms, and more in a single web-based platform now in use nationwide and internationally. ReadyOp is used by government agencies, hospitals, ports, airports, first responders, schools and universities, companies, and unified commands for daily operations, alert and response actions, special event planning, incident management, and emergency response and recovery. ReadyOp is simple to use and designed for fast, efficient access to information and the ability to plan, coordinate, direct, and communicate with multiple persons, groups, agencies, and locations. www.cleartronic.com & www.readyop.com.
Safe Harbor Statement
This new release contains statements that involve expectations, plans, or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," should," "expect," "anticipate," "believe," "estimate," "intend," "plan," and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the Company. The Company cautions readers not to rely on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact and Inquiries for Investor Relations:
Larry Reid
(954) 826-2508
lreid@cleartronic.com
www.cleartronic.com
www.readyop.com
SOURCE: Cleartronic, Inc.
View the original press release on accesswire.com
FAQ
What company did Cleartronic (CLRI) acquire?
What does Alastar's technology focus on?
How will the Alastar acquisition benefit Cleartronic (CLRI)?
When did Cleartronic (CLRI) announce the acquisition of Alastar?
