|By Marketwired .||
|January 27, 2014 06:10 AM EST||
LAS VEGAS, NV -- (Marketwired) -- 01/27/14 -- Cytta Corp. (OTCQB: CYCA) is pleased to announce a definitive agreement has now been signed with Home2Phone, LLC, a Value Added Reseller of ORBCOMM Inc., for the development and utilization of a fully integrated satellite solution that expands the global reach of Cytta's proprietary smartphone based IT platform for telemedicine, biometric and other data reporting.
ORBCOMM is the leading provider of global satellite and cellular data communications solutions purpose-built to enable businesses and government agencies to remotely track, monitor, control and communicate with all types of mobile and fixed assets. ORBCOMM provides cutting-edge network and unique management tools enabling the delivery of information to and from virtually any place in the world on a near real-time basis - simply and affordably.
Upon completion of recent development by Home2Phone, ORBCOMM's convenient, cost-effective combination of up to 26 low earth orbit satellites, along with accompanying ground infrastructure, gateway Earth stations, regional control centers and a network control center; and cellular data service will deliver the ultimate in cost optimization to Cytta Connect, vastly improving the Company's ability to offer innovative and customizable biometric reporting product mix and services to the global health marketplace, where cellular service is unavailable or unreliable.
Cytta Connect is the only biometric data network that offers such comprehensive two-way communications to and from anywhere on earth. Cytta's Wireless solutions streamline health care and provide greater access to critical patient information at significantly less cost and effort.
It is reported that by 2015, mHealth activities would represent about 10% of the worldwide IT health market, valued at $26 billion by 2017. As an existing Vonify domestic licensee for mobile and an AT&T global licensee for the mobile M2M data roadway, Cytta is able to pursue all domestic and international mobile business opportunities. By adding the ORBCOMM domestic and international satellite connection, Cytta can now seamless transmit and receive data via Wi-Fi, cellular and/or satellite from almost anywhere on earth.
Erik Stephansen, President of Cytta stated: "We are elated with this significant new breakthrough technological capability via our agreement with our global satellite partner, Home2Phone, LLC, a domestic and international value added reseller of ORBCOMM (www.orbcomm.com). ORBCOMM's 'cellular data service' consists of terrestrial based cellular communication services provided through reseller agreements with both GSM and CDMA cellular wireless providers, allowing more data intensive messaging."
Gary Campbell, CEO of Cytta Corp., stated: "You can now count on Cytta and our world class technology to deliver anytime, anywhere in the world. We put your remote data capture needs first in developing new offerings and solutions, and support them once deployed. Moreover, we will continuously seek new ways to deliver customer wireless Bluetooth biometrics. We are always investing in unique and creative technologies. Our unique Cytta Connect system allows one to connect all forms of Bluetooth enabled medical, wellness and fitness monitoring devices seamlessly through an unlocked Android smartphone to the World at Large."
About: Cytta Corp.
Cytta Connect is a Remote Data Capture system connecting Bluetooth devices to online Electronic Biometric Records (EBR). Our remote data capture system works over our Special Purpose Network, a proprietary Global Mobile, Satellite, WiFi open source network, and Cloud-based data repository, that connects all Bluetooth medical and wellness devices to Cytta's open source EBR.
Our open source EBR is for use by patients, doctors, caregivers, health insurers (Professional Care) with our reprogrammed Cytta smartphones, and any wellness or fitness user (Consumer) with any Cellular Carrier's smartphone.
Cytta serves two very significant domestic and international markets:
1) Professional Care: Utilizing FDA approved Bluetooth peripherals and our specially programmed unlocked smartphones and provides care for the chronically ill who need to be remotely monitored. Caregivers have diagnostic capability using our Instant EBR and secure biometric data transfers via Cytta's Special Purpose Network. We interconnect patients, their data and caregivers.
2) Consumer Wellness and Fitness: Automatically connects all Bluetooth devices and works with any Mobile Carrier's smartphone and leverages our proprietary Universal Bluetooth Platform and Instant EBR to support all Wellness & Fitness consumers.
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks detailed in the Company's Form 10-K for the year ended September 30, 2012, and other subsequent Securities and Exchange Commission filings. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate," "believe," "estimate," "expect," "may," "objective," "plan," "possible," "potential," "project," "will," and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward looking statements, whether as a result of future events, new information, or otherwise.
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