Spectral Capital Corporation
Spectral Completes Transaction for Mobile Search Technology
Spectral Capital Corporation / Key word(s): Miscellaneous Spectral Completes Transaction for Mobile Search Technology SEATTLE-(BUSINESS WIRE)-(26 February 2013) Spectral Capital Corporation, (FCCN.QB) (F3SN:SG, BE) announced today that has completed a definitive agreement with Noot, Inc. for control of intellectual property and all other related assets that the company will develop. Noot, Inc. is a mobile technology company that is in advanced stages of creating a proprietary search engine, named 'noot', for people with mobile smartphones. noot will help people easily find news, social media, photos and video that match their interests. The technology actually learns what users like and improves its results over time, providing very personalized information for the user. A key benefit of noot will be that the search engine continues to work even when the user is not actively searching and will discover new and relevant items without prompting, providing more enhanced and personalized information the next time the user searches for that topic. 'noot will be a simple, fun and easy way for people to search on their smart phones. People use their smart phones to search in different ways than from their PCs or tablets. Today there is not a search tool that provides a good search experience on smart phones and noot is being developed for this purpose', stated Jenifer Osterwalder, Spectral President and CEO. 'Today there are over 1 billion smart phone users while the smart phone market has a year on year sales growth of over 50% in the United States, China and India. However, despite the 1 billion current users, there are over 5 billion mobile phone users, which indicate there is a large upside for smart phone sales growth. We are very pleased to have Noot, Inc. as our partner and look forward to a long and prosperous relationship', continued Osterwalder. For more information about noot, please visit: www.noot.com
ABOUT SPECTRAL:
Contact: 206-262-7820 End of Corporate News 26.02.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
202234 26.02.2013 |