Utopya Innovations, Inc. (OTC Pink: ANDI) is engaged as an emerging smartphone company. Shares of the emerging consumer electronics company are surging 52.63%, through early trading on Tuesday, January 16, 2018. Over the past month, Utopya Innovations, Inc. has seen average daily volume of 150.59 million shares. However, volume of 31.44 million shares or dollar volume of $455,880, has already exchanged hands on the day.
Shares of Utopya Innovations, Inc. are rallying today, after the company announced that it has entered into a strategic partnership with Cycloides, Inc., a global IT consulting firm. Management recently attended the Consumer Electronics Show (CES) in Las Vegas, which has assisted in expanding the company’s network. Cycloides will assist the company in expanding its network and smartphone capabilities. Here is the full press release detailing of the strategic partnership:
Utopya Innovations, Inc. Press Release:
TORONTO, Jan. 15, 2018 /PRNewswire/ — A perfect technological storm may be brewing in Canada, as emerging smartphone company Utopya Innovations, Inc. (OTC: ANDI) announces a strategic partnership with IT consulting firm Cycloides Inc., also headquartered in Canada. The two companies are positioned to make waves across the Canadian tech landscape, and the rest of the world seems ready to dive in.
Utopya Innovations, Inc., the Canadian smartphone company that has the tech and investment community all abuzz, has been busy making a name for itself recently, as members of its executive team attended the Consumer Electronics Show (CES) in Las Vegas, Nevada, last week. The team reportedly spent much of the week in meetings, and has remained tight-lipped about deal negotiations, but did make it clear to investors that at least one major announcement is expected in the coming weeks, pending approval from the company’s lawyers.
In the meantime, Utopya continues to demonstrate to shareholders that it means business, by announcing that it has engaged and begun working with Cycloides Inc., a widely-respected consulting firm in the software development and IT industry. In 2017 alone, Cycloides received the Research Award from the National Research Council of Canada, won numerous highly sought-after contracts from some of North America’slargest firms, including two Fortune 500 companies, and opened their Global Delivery Centre in India’s TechnoPark Trivandrum. The company was recognized as one of the Fastest Growing IT Companies in Canada, opened an office in New York, USA, and strengthened its presence in the Asia-Pacific Region by setting up Cycloides Innovations Pte Ltd, in Singapore.
Mike Starkweather, CEO of Utopya, commented on the partnership: “After an incredible week in Las Vegas, we are thrilled to formally announce our partnership with Cycloides Inc. Given our commitment to offering a unique software ecosystem on Utopya devices, we are very pleased with our decision to engage an IT consulting firm of this calibre. With the ability to leverage Cycloides’ extensive software development and IT expertise, we are now more confident than ever before that Utopya will live up to its name, and much more. We’re just getting started with plenty more to come, and the future is looking brighter and brighter everyday.”
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.