Bravatek
Provides
Shareholders an Update on
its Strategic Activities
Enabling
More Sales
Bravatek increases revenue
guidance rates for remainder of
2018
Austin, TX
-- June 19, 2018 -- InvestorsHub NewsWire -- Bravatek
Solutions, Inc. (OTCPink:
BVTK, "Bravatek," or the "Company") again communicates with
shareholders, in an open and forthright way, to address its
anticipated revenue increases.
The
Company continues offering both patented and patent-pending
cybersecurity software products, tools, and systems (such as
telecom tower services). Bravatek's recent partnership with Google
and its recent announcement of anticipated product and service
listings on GSA IT Schedule 70, are examples of our recognition in
the marketplace.
As an
example of increased business activity, Mr. Jonathan Bolton,
Executive Vice-President of HelpComm, a Bravatek subsidiary,
commented: "We are experiencing accelerated requests to perform
work across our Telecom groupincluding more work from FirstNet with
AT&T, as well as potential new work in West Virginia and the
Richmond, Virginia market. We are also benefitting from Bravatek's
assistance in the strategic growth of HelpComm."
Because of
the demonstrable increase in Telecom activity, Bravatek is now
updating its previously announced guidance for 2018 (in a press
release in February 2018) from estimated revenue between $4.7M and
$5.1M for 2018 to estimated revenue between $7.5 M and 8.0 M for
the telecom portion of our business, as projected by management at
this time (see Note 1).
The
Company will update shareholders on other sectors of its business
in short order after it assesses its promotional activities, for
example, of its new consumer software and software partnership with
Google, as well as its Joint Venture with DarkPulse, and other
strategic activities.
Note 1:
These projections are based on management's interpretation of
current activities and potential future telecom projects, and they
are speculative "forward-looking statements" as described
below.
About Bravatek Solutions,
Inc.
Bravatek
Solutions, Inc. is a high technology security solutions portfolio
provider that assists corporate entities, governments and
individuals protect their organizations against both physical and
cyber-attacks through its offering of the most
technically-advanced, cost-effective and reliable software, tools
and systems.
For more
information, visit www.bravatek.com
Safe Harbor
Statement
This news
release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, that are
intended to be covered by the "safe harbor" created by those
sections. Forward-looking statements, which are based on certain
assumptions and describe our future plans, strategies and
expectations, can generally be identified by the use of
forward-looking terms such as "believe," "expect," "may," "will,"
"should," "could," "seek," "intend," "plan," "goal," "estimate,"
"anticipate" or other comparable terms. All statements other than
statements of historical facts included in this news release
regarding our strategies, prospects, financial condition,
operations, costs, plans and objectives are forward-looking
statements. Forward-looking statements are neither historical facts
nor assurances of future performance. Instead, they are based only
on our current beliefs, expectations and assumptions regarding the
future of our business, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to successfully
market our products and services; the acceptance of our products
and services by customers; our continued ability to pay operating
costs and ability to meet demand for our products and services; the
amount and nature of competition from other security and telecom
products and services; the effects of changes in the cybersecurity
and telecom markets; our ability to successfully develop new
products and services; our success establishing and maintaining
collaborative, strategic alliance agreements, licensing and
supplier arrangements; our ability to comply with applicable
regulations; and the other risks and uncertainties described in our
prior filings with the Securities and Exchange Commission. We
undertake no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
Media
contact:
Bravatek
Solutions, Inc.
info@bravatek.com
1.866.490.8590