Pervasip Announces Acquisition of Indoor Agricultural Business
February 12 2015 - 11:25AM
InvestorsHub NewsWire
White Plains, NY - February
12, 2015 - InvestorsHub NewsWire - Pervasip Corp.
(USOTC:PVSP)
(“Pervasip” or the “Company”) announced that it has agreed to
acquire 100% of the issued and outstanding equity of Canalytix
LLC.
Canalytix provides advanced analytics
for indoor agriculture. Its integrated cloud-based platform
allows users to monitor and control greenhouse facilities or any
large indoor growing operation through the cloud, including
real-time data of energy usage, HVAC systems, lighting and
costs.
“We are excited to leverage our
historical technology development experience to gain entry into an
exciting and rapidly growing business,” said Paul Riss, Pervasip’s
chief executive officer. “We intend to close the
transaction later this month and will provide additional
information as appropriate.”
About Pervasip
Corp.
Pervasip delivers mobile VoIP
and video telephone service anywhere in the world that has a stable
broadband connection. In addition to international telephone
numbers from 57 countries for mobile phone users, with unlimited
inbound calling, it offers several international outbound calling
plans, including some of the lowest rates to international mobile
phones.
Forward Looking
Statements
The information contained herein
includes forward-looking statements. These statements relate
to future events or to our future financial performance, and
involve known and unknown risks, uncertainties and other factors
that may cause our actual results, levels of activity, performance,
or achievements to be materially different from any future results,
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implied by these forward-looking statements. You should not
place undue reliance on forward-looking statements since they
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reflects our current views with respect to future events and is
subject to these and other risks, uncertainties and assumptions
relating to our operations, results of operations, growth strategy
and liquidity. We assume no obligation to publicly update or
revise these forward-looking statements for any reason, or to
update the reasons actual results could differ materially from
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information becomes available in the future.
Additional Information
Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339
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