VITA Mobile Releases CEO Letter to Shareholders on Data Content Library, AI Proprietary Algorithms and Acquisition Opportunit...
May 09 2018 - 6:37AM
InvestorsHub NewsWire
Irvine, CA -- May 09, 2018 -- InvestorsHub NewsWire -- Vita Mobile
Systems, Inc. (OTC PINK: VMSI), a technology company focusing on
digital imaging in mobile devices, today released a letter to
shareholders from its CEO Sean Guerrero on the Company’s value and
acquisition opportunities, its immense, meta-tagged content
library, proprietary artificial intelligence algorithms and its
first app VITA.
The letter is included in its entirety below:
Dear Fellow Shareholders –
It’s been a busy year at Vita Mobile Systems, and we are
extremely excited about the vast potential of our upcoming first
app release, VITA. VITA is in beta testing now, and we expect
it to revolutionize the way we use social media thru its use of
crowdsourcing, geolocation and artificial intelligence to connect
people and events both locally and globally.
With that said, Vita Mobile Systems’ true value goes far beyond
our first queued up app, and I wanted to take this opportunity to
make sure our growing shareholder base understands the big picture
and what’s in store next for the Company.
Massive Content Library and Artificial
Intelligence
One of the Company’s greatest assets is the monumental library
of crowdsourced content that we have been building. This
content is a massive catalogue of meta-tagged, predictive big data
of locations, events, and people and is an excellent, primed
platform for ultra-targeted advertising. Because of this, we have
been focusing a lot of time and resources on cultivating this
content, securing a strong back-end infrastructure to house it and
developing the proper analyzation tools. This extremely defined
databank of big data that we have collected is one of the true
values of Vita Mobile Systems.
As for those analyzation tools, the Company has developed highly
valuable, proprietary algorithms and tools which gather,
categorize, analyze and augment digital content. Vita Mobile
Systems’ proprietary algorithms and artificial intelligence engine
is designed to analyze the millions of pictures and videos in our
content library and shared by users daily to interpret behavior,
anticipate need and predict marketing patterns. The Company plans
to file a series of patents surrounding many of the proprietary
technologies, machine learning techniques and artificial
intelligence algorithms that we've developed over the years.
These technology tools are another true value of Vita Mobile
Systems.
Acquisitions
The VITA app, with its content library and analyzation tools, is
not just a natural partner for advertisers, but it is also highly
valuable to third party organizations such as market intelligence
firms. Large corporations are going to want to own this
technology rather than reinvent it, and the Company is open to
prelaunch acquisition offers but has a revenue structure in place
that is not contingent upon it. We are also in discussions
with potential partners that Vita Mobile Systems may acquire to add
valuable pieces that strengthen our team, technologies and
infrastructure. Due to confidentiality agreements, we cannot share
any more information at this time.
Personal Privacy in an Online World
We sympathize with the public regarding Facebook's aggressive
data collection practices and wanted to address this topic as it
pertains to VITA. While VITA also collects and catalogues
trending big data, personal privacy has always been a priority for
the Company. Our social media approach is one that emphasizes
events and locations rather than personal information and user
profiles. VITA user profiles are semi anonymous, and
the VITA platform allows for most content collected to not tie
directly to a user's personal information. This is an area we
have invested a lot of time and consideration, and we are confident
in our privacy protocols.
VITA App in BETA Testing
We have seen an amazing response to our call for public beta
testers. Public beta testing includes strategically selecting
testers in varying locations and with varying devices so that a
broad spectrum of items can be properly tested in VITA. Two of our
main goals are to test our back-end content infrastructure and
artificial intelligence algorithms and tools.
We are also working with beta testers, our internal team and our
proprietary algorithms to continue to build our massive content
library. During beta, we have been adding even more pictures
and videos to many locations across the US. Upon launch, VITA
will already have hundreds of thousands of popular destinations and
locations pre-loaded in the app. VITA users can then add their
unique, uncensored perspectives of those places by adding their own
pictures, videos and personal comments. The VITA app is designed to
quickly form a user habit of adding content to existing locations
as well as creating new locations and events, allowing VITA to
exponentially grow both virally and organically upon official
launch.
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