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DarkPulse, Inc Executes Second M&A Support Agreement with Energy and Industrial Advisory Partners, LLC (EIAP)

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DarkPulse, Inc. (DPLS) has re-engaged Energy and Industrial Partners, LLC as an advisor for a potential acquisition aimed at expanding its global service capabilities. The acquisition is expected to enhance DarkPulse's position in the BDaaS (Big Data as a Service) and Smart Cities markets, increasing service offerings and technology IP portfolio. The Company also continues exploring global opportunities to accelerate the adoption of its patented DarkPulse Technology products.

Positive
  • Potential acquisition to enhance service offerings in BDaaS and Smart Cities markets.
  • Engagement with EIAP for financial, operational, and due diligence support.
  • Focus on expanding global market position and technology IP portfolio.
Negative
  • None.

The Company is evaluating a new acquisition target to expand its global service capabilities

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- DarkPulse, Inc. (OTC Markets: DPLS) (“DarkPulse” or the “Company”), a technology-security company focused on the laser sensing systems based on its patented BOTDA dark-pulse sensor technology (the “DarkPulse Technology”), today announced it has re-engaged Energy and Industrial Partners, LLC (“EIAP”) of Houston, Texas to act as an advisor to DarkPulse in the proposed acquisition transaction for an agreed target company. EIAP will act as the Company’s advisor throughout the transaction with services including Financial, Operational and Due Diligence.

“We have re-engaged EIAP to assist us in evaluating the acquisition of an entity we believe will accelerate DarkPulse’s position in the global BDaaS (Big Data as a Service) and Smart Cities markets. I believe this new potential acquisition, if successful, will provide DarkPulse additional service offerings and increase our technology IP portfolio while continuing to expand our global footprint,” said Dennis O’Leary, Chairman and CEO of DarkPulse. “The Company is focused on expanding its services and partnerships to include BDaaS, encrypted network infrastructures and critical resource monitoring and we believe acquisitions play an important role in this endeavor.”

The Company continues to explore additional potential opportunities in strategic locations worldwide with the goal of accelerating the adoption of its DarkPulse Technology Products and expand its global market position.

About EIAP, LLC
EIAP is a boutique investment banking and advisory firm focused on the conventional energy, energy transition and industrial markets. 
Investment Banking Services and Securities offered through Independent Investment Bankers Corp. a broker-dealer, Member FINRA/SIPC. Energy and Industrial Advisory Partners LLC is not affiliated with Independent Investment Bankers Corp.

For more information visit:  www.EIAPartners.com

About DarkPulse, Inc.
DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains, and stresses. The Company’s technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company's fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company’s ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.

For more information, visit: www.DarkPulse.com

Safe Harbor Statement
This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Media contact:
Cassandra Campbell
Cassandra.Campbell@progresshumanity.org
202-403-2033


FAQ

What is DarkPulse's recent acquisition target?

DarkPulse is evaluating a potential acquisition to expand its global service capabilities.

Who is advising DarkPulse on the acquisition?

Energy and Industrial Partners, LLC is acting as an advisor for DarkPulse's acquisition.

What markets is DarkPulse looking to enhance with the acquisition?

DarkPulse aims to enhance its position in the Big Data as a Service (BDaaS) and Smart Cities markets.

What technology does DarkPulse focus on?

DarkPulse specializes in laser sensing systems based on its patented BOTDA dark-pulse sensor technology.

What is the ticker symbol for DarkPulse?

The ticker symbol for DarkPulse is DPLS.

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