We are delighted to announce our partnering with beamLive (beam) the mobile IoT Communication platform. Mehrdad and his US- Hungarian hybrid team are building a truly disruptive IoT Communication Platform for Mission Critical Communication using Smart and Wearable Devices.

The team is fantastic. Beam has assembled a hybrid US-Hungarian team with extensive experience in all aspects of mobile communication, industry sales expertise and corporate acumen, including (among other professionals):

Merhdad Negahban–Co-founder–CEO, the Visionary behind beam's creation. More than 25 years of product and business development experience at large companies and startups. Mr. Negahban has placed into production advanced communication and electronic products as well as creating high margin and high growth businesses built around them.

Brad A.K. Beck–Co-founder–VP Operations Public Safety & Smart Cities Thirty years Law Enforcement with specialties in tactical operations (SWAT) and Technologies for First Responders; provides support services for Government, Law Enforcement, Military, and the Private Sector.

Bill Lane–Co-founder–Executive Vice-President, Corporate Development and Communications. 35+ years in high-tech business-to-business and business-to-government strategic communications; directed integrated communications programs for major government contractors and Federal government agencies; previously Member of Management Team and Principal at major advertising agencies.

Monika Borbely–Managing Director of BeamLive Hungary; an information technology professional with over 15 years of experience in business controls, risk management, and IT audit. She holds an MBA and MSc in Technology Management and Innovation from CEU. Monika manages the day-to-day operations of the beam Hungarian entity and the team.

Viktor Zambo–Viktor has an almost 40 years of experience in technology innovation including software and hardware development, technology outsourcing, and a massive interest in the IoT innovation startup space. He currently acts as VP of Technology and Operations of the Hungarian entity.

beam has developed and patented Mobile IoT Communication that is made available to their client base through customized, enterprise-wide solutions, developer-friendly SDK tool kits and/or unique mobile apps.

Beam has focused marketing activities on industries that depend on mission- critical communication and time-sensitive decision-making.beam's unique integration of overlaying sub-second latency GPS and IoT alerts and notifications with legacy mobile voice, real-time video and text offers key markets the ability to enhance situational awareness, increase user safety and leverage customized analytics that directly impact customers' business operations and bottom-line beam's breakthrough technology is designed to function on all smart mobile devices and web browsers on any type of network.

As with current investment funds, beam applies the capital to technical and organizational development, specific product request development and corporate necessities as well as marketing outreaches.

Among the market segments beam has already impacted include:

Public Safety–from providing a major US metropolitan Police Department with real-time situational awareness and mobile "eyes on" capabilities to video surveillance utilizing IoT image recognition, beam applies Artificial Intelligence and Machine Learning to identify and track both friendly assets and potential emergency scenarios. beam's public safety solutions are FirstNet Verified and are currently available to hundreds of public safety agencies through AT&T's FirstNet Catalog. One-to-many and many-to-one communication protocols enable secure, target audiences to dynamically view, chat and share critical information via a BYOD model or configured IoT and connected Wearable technology. This virtually eliminates huge up-front integration costs and offers an affordable cost model for organizations of any size.

Smart Transportation–beam had developed and patented the only US nationally certified soft GPS meter for taxis and ride-share companies. Our meter was tested and certified by the National Conference on Weights and Measures (NCWM) and the National Test Evaluation Program (NTEP). The beamMeter automates all customer-related functions and can be customized for market-specific and company-specific criteria. It is currently being distributed in the US and Canada. In addition to the beamMeter, beamRide offers a more comprehensive end-to-end solution including custom dispatching for traditional taxi and ride-share companies and will soon be available to the global market.

Retail/Merchandising–beam displays real-time analysis of inventory and sales records integrating mobile technology, IoT and real time AI analytics. IoT in retail is an untouched market, and beam's mobile communication, content sharing, and real-time location and time-stamped functionality enhance the customer experience while providing metrics for instant action that might be required.

Logistics/Delivery–another example of an industry in need of modernization in everyday technologies, logistics and delivery companies can now immediately capture pick-up and delivery scenarios, share real-time tracking with customers and automate both warehouse logistics and time- sensitive delivery options. beam's IoT Platform integrates warehouse management and dramatically improves the pick-up and delivery process, automates company functionality (to go virtually paperless) and provides immediate analytics needed for continuous improvement.