Combining Innovation of Internet of Things (IoT) and Expansiveness of Smart Mobility Infrastructure in Multibillion-Dollar Industry

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Most next generation development activities and the explosion of Internet of Things (IoT) are focused on solving business problems, improving revenue and profits, delivering superior customer experiences and enhancing overall brand value. In the world of agile development, rapid mobile smart technology application development is on the rise, as a growing number of companies quickly add new IoT applications to existing apps to ensure continuous integration for impacting an expanding amount of markets and industries. As costs go down, IoT is more accessible than ever. Gartner estimates that about 8.4 billion IoT devices were in use in 2017, up 31% from the previous year, and it will hit 20.4 billion by 2020. Total world spending on IoT hit about $2 trillion in 2017. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), NVIDIA Corporation (NASDAQ : NVDA ), Aptiv PLC (NYSE : APTV ), Splunk Inc. (NASDAQ : SPLK ), Salesforce (NYSE : CRM ).

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Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Mobiquity Technologies, Inc. (OTCQB:MOBQ), a mobile location data intelligence company, and Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions announced they have closed a share exchange agreement providing for ownership in each of the respective companies and now expect to pursue a strategic partnership with the goal of enhancing each other’s technologies, growth and sales.

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With numerous opportunities for working together, the parties intend to develop a strategic partnership. The first steps in moving towards a deeper partnership will initiate with a pilot project, which is expected to include the integration of the Mobiquity Passage platform into the ECS Prepaid Platform. The ECS Prepaid Platform booked 1,134,725 transactions from 9,855 terminals amounting to gross revenue of approximately $13.4 million during the three-month period ending June 30, 2018 (unaudited). https://www.otcmarkets.com/stock/GOPH/news/Gopher-Protocols-Integration-of-ECS-Pre-Paid-Software-Platform-Generates-Revenue?id=201172 . During the pilot, Mobiquity will also assist in marketing the GopherInsight Microchips technology by utilizing the Mobiquity ADvantage platform and utilizing Mobiquity’s SDK inside Gopher affiliated apps for enhanced marketing and location services. The parties will also utilize each company’s resources and people on future products and joint ventures, which for example, may involve Mobiquity promoting and distributing Gopher’s GuardianPack mobile applications through its Passage and ADvantage platforms.

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“The synergies between our two companies for location services and marketing is what makes this planned strategic partnership unique and we expect will prove to be advantageous for both companies. We see our teams working together on numerous current and future projects”, said Douglas Davis, Gopher’s CEO.

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