Wytec Announces Response to RFP With the North Texas Council of Governments in Providing Gunshot Detection for 1,207 Texas ISDs
Wytec (OTCQB:WYTC) has responded to a Request for Proposal from the North Texas Council of Governments (NCTCOG) to provide gunshot detection solutions. The company proposed its patent-pending AI Gunshot Detection System, which has demonstrated over 90% accuracy across 500,000 samples. The system includes advanced drug sensor technology for detecting dangerous chemicals, including Fentanyl. Wytec is filing an S-1 Registration for Nasdaq uplisting, securing $7M in immediate capital and access to $100M in future funding through Global Emerging Markets. The company has partnered with Lemko , leveraging their combined 50+ patents in software-defined architectures.
Wytec (OTCQB:WYTC) ha risposto a una Richiesta di Proposta da parte del North Texas Council of Governments (NCTCOG) per fornire soluzioni di rilevamento degli spari. L'azienda ha proposto il suo Sistema di Rilevamento degli Spari AI, che ha dimostrato un'accuratezza superiore al 90% su 500.000 campioni. Il sistema include tecnologia avanzata di rilevamento delle sostanze stupefacenti per identificare sostanze chimiche pericolose, incluso il Fentanyl. Wytec sta presentando una registrazione S-1 per l'up-listing su Nasdaq, assicurandosi $7M di capitale immediato e accesso a $100M di finanziamenti futuri tramite Global Emerging Markets. L'azienda ha collaborato con Lemko, sfruttando i loro oltre 50 brevetti combinati in architetture definite dal software.
Wytec (OTCQB:WYTC) ha respondido a una Solicitud de Propuesta del Consejo de Gobiernos del Norte de Texas (NCTCOG) para proporcionar soluciones de detección de disparos. La empresa propuso su Sistema de Detección de Disparos con IA, que ha demostrado más del 90% de precisión en 500,000 muestras. El sistema incluye tecnología avanzada de sensores de drogas para detectar sustancias químicas peligrosas, incluyendo Fentanilo. Wytec está presentando un registro S-1 para la actualización a Nasdaq, asegurando $7 millones en capital inmediato y acceso a $100 millones en financiamiento futuro a través de Global Emerging Markets. La empresa se ha asociado con Lemko, aprovechando sus más de 50 patentes combinadas en arquitecturas definidas por software.
Wytec (OTCQB:WYTC)는 북텍사스 지방 정부 협의회(NCTCOG)의 총격 탐지 솔루션 제공을 위한 제안 요청에 응답했습니다. 이 회사는 50만 개 샘플에서 90% 이상의 정확성을 입증한 AI 총격 탐지 시스템을 제안했습니다. 이 시스템은 펜타닐을 포함한 위험한 화학 물질을 감지하기 위한 첨단 약물 센서 기술이 포함되어 있습니다. Wytec는 Nasdaq 상장을 위한 S-1 등록을 제출하고 즉각적인 자본으로 700만 달러를 확보하며 Global Emerging Markets를 통해 미래에 1억 달러의 자금에 접근하고 있습니다. 이 회사는 Lemko와 협력하여 소프트웨어 정의 아키텍처에서 50개 이상의 특허를 결합하여 활용하고 있습니다.
Wytec (OTCQB:WYTC) a répondu à une Demande de Proposition du Conseil des Gouvernements du Nord du Texas (NCTCOG) pour fournir des solutions de détection de coups de feu. L'entreprise a proposé son Système de Détection de Coups de Feu IA, qui a démontré plus de 90% de précision sur 500 000 échantillons. Le système comprend une technologie avancée de capteur de drogue pour détecter des produits chimiques dangereux, y compris le Fentanyl. Wytec dépose un enregistrement S-1 pour une cotation sur le Nasdaq, sécurisant 7 millions de dollars de capital immédiat et l'accès à 100 millions de dollars de financement futur via Global Emerging Markets. L'entreprise a établi un partenariat avec Lemko, mettant à profit leurs plus de 50 brevets combinés dans des architectures définies par logiciel.
Wytec (OTCQB:WYTC) hat auf eine Anfrage zur Angebotsabgabe des North Texas Council of Governments (NCTCOG) geantwortet, um Lösungen zur Schussgeräuscherkennung bereitzustellen. Das Unternehmen hat sein AI Schussgeräuscherkennungssystem vorgeschlagen, das eine Genauigkeit von über 90% bei 500.000 Proben gezeigt hat. Das System umfasst eine fortschrittliche Drogen sensortechnologie zur Erkennung gefährlicher Chemikalien, einschließlich Fentanyl. Wytec beantragt eine S-1-Registrierung für die Nasdaq-Notierung, sichert sich 7 Millionen Dollar an sofortigem Kapital und den Zugang zu 100 Millionen Dollar an zukünftiger Finanzierung durch Global Emerging Markets. Das Unternehmen hat sich mit Lemko zusammengetan und nutzt ihre zusammen mehr als 50 Patente in softwaredefinierten Architekturen.
- Secured acceptance of RFP response from NCTCOG for 1,207 Texas ISDs
- System demonstrates >90% gunshot detection accuracy across 500,000 samples
- Secured $7M immediate capital and access to $100M future funding
- Strategic partnership with Lemko adding 50+ patents
- Planned uplisting to Nasdaq Capital Markets
- Potential shareholder dilution from $100M Stock Subscription Facility
- Pending S-1 Registration approval creates regulatory uncertainty
SAN ANTONIO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Wytec (OTCQB:WYTC) has announced today that it has submitted a response (with acceptance) to a Request for Proposal (RFP) from the North Texas Council of Governments (NCTCOG) seeking experienced and qualified vendors to provide gunshot detection solutions in light of the frequency of shooter incidents. These solutions and services will become essential to security infrastructure for schools & colleges, transit authorities, hospitals, water districts, and cities & towns. The NCTCOG announced that the solutions will be promoted via its TXShare Cooperative Purchasing Program.
In response to the RFP, Wytec proposed its patent-pending AI Gunshot Detection System which includes additional pending patents introducing advanced drug sensor technology for detecting dangerous chemicals including the most recent Fentanyl epidemic killing thousands of young people across America. Wytec’s AI-based sensor technology has produced a better than
Wytec is in the process of filing an S-1 Registration in conjunction with an uplisting to the Nasdaq Capital Markets. Its SEC S-1 registration includes
“We are honored and extremely excited to be partnering with Wytec to deliver such an important capability for our schools and communities,” explained Brian Ponte, Vice President – Sales and Marketing for Lemko. “Our combined efforts will deliver a solution that significantly improves safety and protects our children throughout the U.S. and abroad.”
About Wytec
Wytec is a 5G network development company with proprietary, patent, and patent-pending AI/sensor technology designed to support gunshot detection, drug sensing technology for public safety, and distance learning solutions for schools and cities. For further information about Wytec International (OTCQB:WYTC), please visit www.wytecintl.com or follow us on social media via X (Twitter) or LinkedIn.
About Lemko
Lemko Corporation’s patented Distributed Mobile Architecture (DMA) provides the world’s leading fully-edged, capable mobile network platform. Our mission is to provide simple and resilient 4G/5G wireless networks for use in Industrial IoT applications, private 4G/5G networks, wireless rural broadband systems, and military and public safety deployments. Lemko’s DMA systems are designed to be more reliable, survivable, and portable than conventional 4G/5G systems. Lemko is based in Schaumburg, Illinois. To learn more about Lemko, visit www.lemkocorp.com or follow us at www.linkedin.com/company/lemko
Contact:
Erica Perez
eperez@wytecintl.com
FAQ
What accuracy rate does Wytec's (WYTC) AI Gunshot Detection System achieve?
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How many Texas ISDs are covered in Wytec's (WYTC) NCTCOG proposal?
What additional detection capabilities does Wytec's (WYTC) system include?
