Cytta and FIZUAS Formulate Strategic Operating Partnership Expanding Upon Existing VAR Relationship

Rhea-AI Summary

Cytta Corp (OTCQB:CYCA) is in final negotiations to partner with FIZUAS LLC, a leading provider of remote UAS solutions, to create a new entity named Cytta Air. This partnership aims to integrate Cytta's IGAN technology with FIZUAS's drone sales, significantly enhancing revenue opportunities in the nearly $50 billion drone market. Both companies, having collaborated since 2019, plan to expand services in sectors like Public Safety, Energy, and Agriculture. Gary Campbell, CEO of Cytta, emphasized the potential for substantial revenue growth through this strategic alliance.

Positive

• Creation of 'Cytta Air' for enhanced drone sales and marketing.
• Integration of IGAN technology with FIZUAS's drone services.
• Expansion into a $50 billion market, targeting multiple sectors.
• Long-standing partnership since 2019, indicating strong collaboration.

Negative

• None.

Cytta IGAN AIMS Technology Paired with FIZUAS Existing UAV Sales and Marketing Creates Powerful New Revenue Engine

LUBBOCK, TX and LAS VEGAS, NV / ACCESSWIRE / March 17, 2023 / Cytta Corp (OTCQB:CYCA), announced that it is in final negotiations to determine the terms of the partnership between Cytta Corp and FIZUAS LLC (FIZUAS.com), a key provider of remote UAS communication, information, and IT solutions nationwide. The proposed name for the combined new entity is "Cytta Air."

FIZUAS (Flight Information Zone Unmanned Aerial Systems) is a leading dealer in DJI, Autel, and Commaris drones and a trusted provider of remote UAS communication, information, and IT solutions nationwide. Cytta will be able to incorporate its IGAN technology as a value-added component to all existing and new sales, particularly the Commaris drones, under which Cytta has a valuable product development agreement.

Mr. Christopher Camelio, President, FIZUAS said, "Many of our customers are searching for new ways to increase their UAS utilization capability for surveillance, information gathering, and remote communications needs and better access to available video/audio capability. Our extensive experience with Cytta and our newly expanded partnership is a crucial step towards our collective objective of building the Nation's leading drone purveyor to Public Safety and a premier information collection and data utilization solutions provider." Mr. Camelio further stated " We will now jointly grow Cytta Air to fulfill customers' needs in today's drone, data and information focused world and significantly expand Cytta's revenue opportunities."

The proposed final Agreement will give Cytta Air the ability to expand communication solutions and professional services to Public Safety, First Responder, Energy, Agriculture, and Oil & Gas customers, driving new growth, sales, revenue, and market penetration of the nearly $50B market for drone sales and drone-based information, surveillance, and security communications marketplace.

"FIZUAS and their exceptionally talented team are a pioneering UA/UAV sales, operations, and service provider. They bring a wealth of experience, credibility, and strategic thinking that complements our technology and our team through our long working relationship. Collectively we feel we can build FIZUAS into the industry-leading drone and IGAN provision entity in America generating a significant revenue for Cytta," said Gary Campbell, CEO, Cytta Corp.

Cytta and FIZUAS have had an important strategic partnership since September 2019, with FIZUAS selling Cytta technology under a primary Value-Added Reseller (VAR) Agreement. The proposed new agreement would formalize the relationship between the two companies, creating a powerful managerial and operational partnership.

Please contact Cytta or our Sales team for a live demonstration of the IGAN AIMS technology for your department or organization. Mr. Bristol is available directly either by phone (612) 328-6511 (please leave a message) or by email at JBristol@Cytta.com.

Gary Campbell, CEO of Cytta, discusses and highlights our 2023 business strategy during his recent interview on the CEO Roadshow. Learn more at www.cytta.com.

About Cytta Corp

Cytta Corp (OTCQB:CYCA): has created video/audio integration software with AI capability, advanced video compression, and portable/SaaS hardware/software systems that solve real-world problems in large markets. Cytta's IGAN AIMS (Actionable Information Management System) online dashboard integrates all video and audio streams, enabling collaborative interactivity while providing relevant, actionable information on an ongoing basis.

The IGAN Engine is a cloud based SAAS communication network providing a multifunctional tool for sharing realtime video, video/voice calls and chat interaction. The interactive desktop/mobile user interface provides quick visual reference and multiparty collaboration with streaming video, location maps, messages, and communications (video/voice/text). The IGAN Engine collaborative video, voice, chat and media integration tool makes it easy to share and store critical real time data, such as video feeds, images, chat, files, messages, location maps and media. IGAN's complete encrypted cloud accessibility allows access as a web application for desktop and mobile devices, or with native iOS and Android mobile apps, all with end-to-end encryption for all users.

The IGAN AIMS is a practical, valuable, and irreplaceable tool for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in a crisis. It also allows venues such as schools, malls, event venues, and religious locations to be connected and monitor their situation, as well as immediately make their data directly available to law enforcement during emergencies.

For more information, please visit cytta.com and the Corporate Cytta Video Channel on YouTube to view Cytta's recent corporate discussion videos. Learn more at www.cytta.com.

About FIZUAS

FIZUAS (Flight Information Zone-Unmanned Aircraft Systems) is a full life-cycle drone and small Unmanned Aircraft Systems (sUAS) company, utilizing AI, in the security, public safety, energy, oil and gas and agriculture industries. sUAS programs have many benefits, ranging from increased safety, decreased costs, and improved efficiency. FIZUAS team members offer expert systems design, consultation, preventative maintenance programs, training, and education. FIZUAS offers both in-person and online consultation service with industry leading experts. From Oil & Gas Pipelines and Pads, Police, Fire and Safety, Energy Grid Infrastructure, and Agriculture, our industry solutions leverage the best technology, Artificial Intelligence (AI) and now best in class technology solutions delivering startling results to your business. Learn more at www.FIZUAS.com

Contact Us:

Cytta Corp
Phone: 855-511-IGAN (4265)
http://www.cytta.com
info@cytta.com

Natalia Sokolova, COO
Direct: (424) 333-0595 (or message)
Natalia@cytta.com

John Bristol VP, Sales
Direct (612) 328-6511 (please leave a message)
JBristol@Cytta.com

Stuart Brame, General Enquiries
Direct 725 221 5757(or message)
Stuart@cytta.com

SOURCE: Cytta Corp.

View source version on accesswire.com:
https://www.accesswire.com/744336/Cytta-and-FIZUAS-Formulate-Strategic-Operating-Partnership-Expanding-Upon-Existing-VAR-Relationship

FAQ

What is the partnership between Cytta and FIZUAS?

Cytta is negotiating a partnership with FIZUAS to form 'Cytta Air,' enhancing their combined drone and UAS capabilities.

What technology will Cytta integrate with FIZUAS drones?

Cytta will integrate its IGAN technology, enhancing the functionality of existing and new drone sales.

How will the Cytta-FIZUAS partnership affect revenue?

The partnership aims to significantly expand revenue opportunities in the nearly $50 billion drone market.

What sectors will benefit from the new Cytta Air entity?

Sectors such as Public Safety, First Responders, Energy, Agriculture, and Oil & Gas are expected to benefit.

When was the strategic partnership established with FIZUAS?

The partnership between Cytta and FIZUAS has been in place since September 2019.