SPARC AI INC - EGTTF STOCK NEWS

EYEfi Group Technologies has announced a significant 52% increase in sales for its key client, Melbourne Water Corporation, reflecting strong growth year-to-date. The company will introduce the first solar-powered vantage point cameras for bushfire monitoring this season, facilitating remote and real-time fire location tracking. This innovative deployment enhances safety and efficiency by reducing the need for personnel to visit high-risk areas. EYEfi's proprietary SPARC technology, which excludes GPS and internet dependency, underpins these advancements.

EYEfi Group Technologies Inc. (CSE:EGTI)(OTC PINK:EGTTF) announces the launch of SpatialEye, a revolutionary geo-pointing app, on November 1, 2022. This application enables smartphone users to determine GPS locations using their camera, regardless of distance. SpatialEye stores results both locally and in EYEfi Cloud for easy sharing. The app works offline, has applications across various sectors, and CEO Simon Langdon highlighted plans to introduce additional features for high-end users, including government agencies. Future developments may also allow drone integration, expanding market opportunities.

EYEfi Group Technologies has successfully pre-launched its EYEfi Cloud Connect at the ASIAL Security Exhibition and Conference. The product, which facilitates easy internet connectivity for Axis cameras, generated significant interest, leading to multiple sales opportunities. EYEfi’s collaboration with Axis Communications enhances functionality for users and positions it for future growth. The official launch is anticipated soon, with expansion plans into global markets following the Australian and New Zealand rollout.

EYEfi Group Technologies has announced the pre-launch of its Video Software as a Service (VSaaS) product, EYEfi Cloud Connect, highlighted by new partnerships with two major distributors, Dicker Data and VSP Solutions. This initiative aims to connect a large number of cameras to cloud platforms, simplifying connectivity for Axis Communications' customers. The official launch is expected soon, with an expanding sales pipeline anticipated to generate revenue in the coming months.

EYEfi Group Technologies Inc. has announced a partnership with Video Security Products (VSP Solutions) to distribute its upcoming product, EYEfi Cloud Connect (ECC). This partnership broadens EYEfi's sales reach and revenue potential, with ECC set to launch at the ASIAL event in August 2022. The cloud-based platform aims to enhance the management and monitoring of Axis cameras, providing recurring subscription revenue opportunities. EYEfi's CEO, Simon Langdon, expressed optimism about the collaboration, indicating a long-standing relationship with VSP's management.

EYEfi Group Technologies (CSE:EGTI) (OTCPink:EGTTF) has announced a significant distribution agreement with Dicker Data Limited (ASX: DDR) for the launch of EYEfi Axis Cloud, set for August 2022. Dicker Data, a leading Australian technology distributor, will leverage its network of over 6,000 resellers across Australia and New Zealand to maximize market reach. This partnership aims to enhance sales and revenue growth for EYEfi by facilitating the adoption of its subscription-based cloud technology. The shares are currently trading at $0.51.

EYEfi Group Technologies (CSE:EGTI) (OTCPINK:EGTTF) has partnered with Dicker Data Limited (ASX: DDR), the leading Australian ICT distributor, for the upcoming launch of EYEfi Axis Cloud. Set to debut in August 2022, this subscription-based cloud platform aims to enhance video management for Axis camera users. This collaboration provides EYEfi with extensive sales channels across Australia and New Zealand, positioning the product for rapid market adoption. EYEfi's CEO, Simon Langdon, expressed optimism about the partnership's potential to drive substantial revenue growth.

EYEfi Group Technologies Inc. (CSE:EGTI, OTC PINK:EGTTF) has reported a substantial rise in demand forecasts for its upcoming EYEfi Axis Cloud product following a partnership with Axis Communications. This collaboration will integrate Axis' extensive network of over 1,200 partners in Australia and New Zealand, enhancing EYEfi's market reach significantly. The EYEfi Axis Cloud, scheduled for an August 2022 launch, aims to provide cloud-based video monitoring solutions and will capitalize on subscription-based revenue from Axis' distribution channels.

EYEfi Group Technologies has announced a strategic partnership with Axis Communications to launch a new cloud offering powered by EYEfi Cloud. This collaboration will enable Axis customers to easily connect to cloud services while ensuring high security through Axis's One-Click Cloud Connection (O3C). Initially available in Australia and New Zealand, this subscription-based service offers significant revenue potential through monthly fees for each camera connected to EYEfi Cloud. CEO Simon Langdon expressed optimism about enhancing customer experience through the integration.