Vita Mobile Systems Joins Rapidly Growing Ad Tech Industry and Adds to Advisory Team
June 22 2018 - 10:01AM
InvestorsHub NewsWire
IRVINE, CA -- June 22, 2018 -- InvestorsHub NewsWire --
Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company
specializing in digital imaging on mobile devices, today announced
the Company is expanding its Advisory Team with the addition of a
new senior member and has added Ad Tech to the Company’s service
offerings. ‘Ad Tech’, short for advertising technology, is quickly
growing globally and encompasses the services, tools, software and
data analyzation that helps companies target, deliver and analyze
their digital advertising and marketing.
Worldwide spending on digital advertising is forecasted to grow
to $335 billion in 2020 from $229 billion in 2017, according
to market research firm Statista, and machine learning, one of the
cornerstones technologies of Vita Mobile Systems, is considered an
excellent fit for the Ad Tech industry according to MarTech Series.
Magna recently issued a forecast stating that digital media will
take 44 percent, or $237 billion, of all ad money spent globally in
2018, with that figure reaching 50 percent, or $291 billion, by
2020.
In conjunction with its expansion into Ad Tech services, Vita
Mobile Systems has been meeting with senior executives and
specialists in the Ad Tech field to select a new member for the
Company’s Advisory Team. The new Advisory Team member will help
advise on the Company’s expansion into the industry and will
oversee both software and infrastructure improvements to support
the new Ad Tech services.
“Expansion into Ad Tech has always been one of our pre-launch
goals and should provide long-term value to the Company. Ad
Tech services include marketing and advertising data intelligence,
analysis and monetization. These services will work hand in hand
with our plans for driving traffic with our proprietary social
media marketing algorithms and our first mobile app VITA. We
expect our algorithms to reach over 2 million views per day to go
along with the compounding effect of organic traffic within the app
itself,” stated Sean Guerrero, CEO of Vita Mobile Systems,
Inc. “After meeting with the right experts in the
industry, we are ready to see our plans for Ad Tech services come
to fruition. The full picture of our vision is coming
together between AI technologies, marketing, Ad Tech and
content. We have been in discussions with senior level
candidates to join our Advisory Team to help oversee front-end
additions and backend infrastructure modifications needed to
support Ad Tech services. We are currently finalizing
paperwork with our chosen candidate and look forward to welcoming
him to Vita Mobile Systems.”
To learn more about VITA please visit the Vita Mobile Systems
website at www.vitamobilesystems.com.
About Vita Mobile Systems,
Inc. (www.vitamobilesystems.com)
Vita Mobile Systems, Inc. (OTC PINK: VMSI) is a technology
company focusing on digital imaging in mobile devices, collection
of big data and development of artificial intelligence. Vita Mobile
Systems is currently finalizing their first geolocation-based,
social media app "VITA" for release on both iOS and Android.
Comprised of a strong foundation of successful entrepreneurs, Vita
Mobile Systems has developed proprietary algorithms and tools which
gather, categorize, analyze and augment digital content. Over the
years, Vita Mobile Systems has used these proprietary marketing,
social media, and data collection tools to generate significant
amounts of internet traffic for advertising networks. Vita Mobile
Systems aims to create a monumental library of crowdsourced
content, a massive catalogue of predictive big data, and platform
for ultra-targeted advertising. The company expects to establish a
strong foundation within the multibillion-dollar industry of
driving big data and targeted advertising through its process of
cataloging, meta-tagging, analyzing, and predicting trends of
everyday people in everyday life.
Cautionary Language Concerning Forward-Looking
Statements:
This press release contains forward-looking statements. The
words or phrases "would be," "will allow," "intends to," "will
likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Actual results
could differ materially from those projected by VITA. The public
filings, if any, of Vita Mobile Systems, Inc. (OTC Pink: VMSI) may
be accessed at www.otcmarkets.com. Statements made herein are
as of the date of this press release and should not be relied upon
as of any subsequent date. VITA cautions readers not to place
reliance on such statements. Unless otherwise required by
applicable law, VITA does not undertake, and VITA specifically
disclaims any obligation, to update any forward-looking statements
to reflect occurrences, developments, unanticipated events or
circumstances after the date of such statement.
Contact:
Vita Mobile Systems, Inc.
2640 Main St.
Irvine, CA 92614
949-864-6902
info@vitamobilesystems.com
Investor Relations:
949-864-6902
ir@vitamobilesystems.com
Vita Mobile Systems (PK) (USOTC:VMSI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vita Mobile Systems (PK) (USOTC:VMSI)
Historical Stock Chart
From Jul 2023 to Jul 2024