SOLLENSYS CORP - SOLS STOCK NEWS

Sollensys Corp (OTCQB:SOLS) has announced a partnership with Awin to launch a direct-to-consumer affiliate marketing program. This initiative allows the company to tap into Awin's extensive network of over 241,000 affiliates, aiming to enhance its outreach in various sectors, including finance and technology. The program is expected to significantly lower marketing costs by nearly $2 million in the next year, while providing consumers with a free 30-day trial of its blockchain-based data storage services. The goal is to diversify its revenue streams and improve cash flow.

Sollensys Corp (OTCQB:SOLS) has appointed Cortelco as the exclusive distributor of its cybersecurity products in Puerto Rico, aiming to provide more than 40,000 employees with access to advanced dual blockchain technology. This initiative is designed to enhance data security for personal use while increasing awareness of cybersecurity practices among employees. Sollensys believes that empowering individuals with cybersecurity tools will foster a culture of security that benefits both personal and professional data management.

Sollensys Corp (OTCQB:SOLS) has partnered with Wise Telecom to distribute its Cybersecure product in Mexico, targeting Wise Telecom's employees and client base. This employee benefit program aims to enhance cybersecurity awareness and protect personal data amid increased remote working risks. The product utilizes dual blockchain technology to provide security typically reserved for larger corporations. CEO Donald Beavers emphasized the significance of personal cybersecurity understanding among employees, paving the way for better practices in the workplace.

Sollensys Corp (OTCQB:SOLS) has expanded its cybersecurity suite to include corporate-sponsored employee accounts aimed at combating malware and ransomware threats. This program allows companies to provide blockchain-based data storage solutions to their employees for personal device security. CEO Don Beavers emphasized the importance of extending data protection tools to employees working from home, fostering improved security awareness. This initiative aligns with Sollensys' goal of becoming a leading blockchain data company, catering to rising security concerns amid increased remote work.

Sollensys Corp (OTCQB:SOLS) has partnered with Eta Space to provide cybersecurity solutions for their upcoming cryogenic refueling depots, launching in 2024. This collaboration focuses on protecting critical data from ransomware in the space economy. Eta Space, awarded by NASA, is developing orbital test platforms like LOXSAT to study cryogenic fluids in space. Sollensys offers blockchain-based cybersecurity solutions to secure organizations' operational data against cyber threats. The initiative illustrates a significant advancement in space infrastructure safety.

Sollensys Corp (OTCQB:SOLS) has announced the acquisition of a new data center facility in Little Rock, Arkansas, expanding its operational capacity. This acquisition adds a 5,044 sq/ft facility and is part of a larger real estate investment totaling approximately $3.3 million. The new center features essential infrastructure, including a Kohler back-up generator and high-speed fiber optic connectivity. CEO Don Beavers stated that this facility will enhance the company’s capabilities and provide improved value to clients.

Sollensys Corp (OTCQB:SOLS) announced a definitive agreement to merge with Celerit, a 37-year-old IT services firm, for approximately $22 million in cash and stock. This merger aims to enhance Sollensys' cybersecurity solutions, specifically in ransomware recovery using blockchain technology, targeting the financial sector. Celerit brings over $11 million in annual gross revenues and a skilled workforce. The deal is expected to strengthen both companies' positions in the market, with Sollensys leveraging Celerit's established client base.

Sollensys Corp (OTCQB:SOLS) announced a partnership with Constant, integrating its blockchain data assurance solution into Constant's digital loan servicing and loss mitigation platform. This integration will provide an immutable archive for banking transactions, enhancing security against cyber threats. As financial services face increasing cyber-attacks, this collaboration aims to deliver superior data protection. The agreement was facilitated by Acadia Leadership Partners. The partnership is expected to strengthen Constant's position in the banking sector by improving operational efficiency and customer engagement.

Sollensys Corp (OTCQB:SOLS) has entered an agreement with Smart City Capital to provide blockchain-based ransomware recovery solutions for smart city projects. The partnership aims to enhance data security for state, local, and educational agencies, addressing increasing cyber-attack threats. Smart City Capital plans to invest $2.25 million in Sollensys' infrastructure over five years, with an additional $2 million annual commitment for blockchain storage. This collaboration is expected to facilitate faster disaster recovery and reduce operating costs for municipalities.