Toronto, ON/AccessWire/October 10, 2023/ Newport Gold Inc. (OTC PINK:NWPG) (“Near Me Technologies Inc” or the “Company”) is excited to announce a significant development in the development and rebrand efforts of its ‘Near Me™’ brand and near me.quiet Website. This transition is a significant moment for the company as it sets the stage for a promising collaboration with PlatformOS, a multi-award winning company and a globally renowned development platform that delivers efficient and high-quality enterprise applications. Has expertise in making. The platform OS has achieved significant growth and earned a track record of success providing groundbreaking solutions to leading global brands.Thank you for reading this post, don't forget to subscribe!
Highlights of the Proposed Partnership Agreement
On October 8, 2023, Near Me Technologies Inc. signed a non-binding letter of intent (LOI) (“Letter of Intent”) that outlines a strategic partnership with Platform OS (the “Proposed Transaction”). The two companies aim to finalize a definitive agreement by January 8, 2024, or a mutually agreed later date.
This proposed transaction will be conducted by Near Me Technologies Inc. The Key Platform reflects a commitment to the cash and stock agreement with OS, which includes several key initiatives:
1. Integrated GPS Business Directory and Marketplace: Near Me Technologies Inc. will collaborate with Platform OS to redevelop an integrated GPS business directory and local business marketplace solution for the ‘Near Me™’ brand and NearMe.cool website. The initiative also includes the development of a mobile app with innovative GEO targeting/notification solutions for the Apple App Store and Google Play Store.
2. near me.com Integration: The platform OS asset, near-me.com, will be redirected to the near-me.cool business directory/marketplace and its associated SaaS website builder. Currently, Near-Me.com ranks among the top search results for queries related to ‘near me™’.
3. Fractional CTO Advisory and Consulting Oversight: Adam Broadway, CEO of Platform OS, will provide Fractional CTO Advisory and Consulting Oversight for a period of two years following the launch of the redeveloped NearMe.cool website/app. An industry veteran with over two decades of experience, Mr. Broadway founded the Near Me marketplace and Platform OS and is renowned for building successful companies and marketplaces, including Business Catalyst, which was acquired by Adobe Systems in 2009.
4. Additionally: Near Me Technologies Inc. will have an option to purchase 10% of the Platform OS at an independently verified price during the due diligence phase. Near Me Technologies Inc. will also acquire the near-me.com domain name from Platform OS for a mutually agreed upon price.
Anthony McCabe, Interim CEO, Near Me Technologies Inc., commented: “We are thrilled about the opportunity to collaborate with Platform OS and its CEO, Adam Broadway. His experience, expertise and track record of success will be invaluable as we’ Advance our strategic objectives to expand and enhance the ‘Near Me™’ brand and platform, which will ultimately deliver an exceptional search, discovery and marketplace experience for our end users. Additionally, we are looking forward to the possibility of acquiring an equity stake “We are excited about this revenue generating unit with ambitious plans for rapid growth.”
Adam Broadway, CEO, Platform OS, commented: “Near Me Technologies’ focus on providing hyper-local, community-centric marketplaces, directory services and innovative promotion services aligns very well with our mission of empowering businesses with cutting-edge digital solutions. Matches.
Platform OS is excited to underpin this success with our decades of technology execution and look forward to working as a team with Near Me™.”
About Technologies Inc near me: We are a dynamic and visionary company dedicated to forming strategic partnerships and pursuing acquisitions in the technology sector. Our mission is to revolutionize the digital landscape of local search, discovery and marketplaces, improving the way individuals connect with nearby businesses while delivering exceptional value to our shareholders.
About Platform OS:
Platform OS is an award-winning company specializing in empowering developers and agencies to efficiently develop and operate enterprise-grade applications. With a track record of rapid growth and success stories with global brands, PlatformOS is a trusted platform and partner in the world of technology solutions.
Newport Gold Inc
Website: near me.quiet
Source: Newport Gold, Inc.
View the source version on accesswire.com: