SANTA MONICA, CA--(Marketwired - Sep 21, 2016) - Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company"), a development-stage company which specializes in the development of real-time, heuristic-based mobile technologies, and its partner Guardian Patch LLC, announced today that they are currently ramping-up efforts for the release of their Guardian Sphere tracking device, which is primarily designed for pets, but may also be used for tracking children, adults, including the disabled, inventory, artwork, or virtually any object located within an area covered by the device.
The Guardian Sphere (the "Sphere") system is a derivative technology of the Company's Guardian Patch technology. The Sphere is designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source. The Sphere is an innovative tracking device that can easily be attached to a pet's collar and then transmit real-time location information to the smartphone(s) or website account of the registered owner of the device. The Sphere has a replaceable battery and operates on the exclusive Guardian private network which provides owners with the unique ability to obtain real-time tracking information without the need for GPS, Wi-Fi or cellular service.
The Sphere includes state of the art radio technology, a GPS system and micro controller systems. It sends signals in specific intervals to report on its location. The system analyzes the information using its proprietary, advanced mathematical modeling software that precisely calculates the Sphere's location. The mobile application then presents the exact location of the Sphere on the map. An additional unique system feature is its own Emergency Alert system. The user has the ability to transmit an emergency alert on his or her Sphere's location, directly from the mobile app. All registered users located in that Sphere's proximity will be notified about the Emergency and may notify the user about the Sphere's recovery (which we fondly refer to as a "private emergency alert"). The Sphere utilizes is a bi-directional system which enables data transmission/receiving acknowledgment. It also includes error correction protocol to ensure data accuracy. The Sphere has its own battery source and may be plugged to external power using standard Android type charger socket. The Sphere comes with its own ID. This ID is registered on the mobile app to track the Sphere's location. Multiple Spheres can be registered on the same app for multiple tracking. It is an ideal tracking device for personal and commercial purposes for those seeking high-performance local tracking at an affordable price.
The Sphere represents the Company's entry into the burgeoning global pet wearable market, which is expected to reach USD 2.36 billion by 2022 according to a press release issued by Grand View Research, Inc. in February 2016. According to Grand View's press release, "Growing pet ownership coupled with increasing per capita expenditure on pets is expected to drive product demand over the forecast period." In addition, as stated in a press release issued by the Insurance Information Institute, according to the 2015-2016 National Pet Owners Survey conducted by the American Pet Products Association (APPA), Sixty-five percent of U.S. households, or about 79.7 million families, own a pet, which is up from 56 percent of U.S. households in 1988, the first year the survey was conducted. The Company believes that the above information suggests a significant potential market for the Sphere and one that the Company believes could potentially benefit from the Sphere.
"The current demand for GPS-based devices that are capable of providing real-time positioning of our loved ones and valuables is fueling global advancements in technologies which are enabling people to remain connected to the things that they value most. In millions of households across the world, pets are beloved members of the family. Our goal in developing the Sphere is to provide pet owners with peace of mind through the use an invaluable recovery tool which will enable them to track their pets in real-time should they ever become separated," stated Company CEO Michael Murray.
In addition to operating as a tracking device for household pets, the Company also recognizes an opportunity for the Sphere to be utilized for tracking valuable livestock on farms as well as animals registered as endangered species.
At the time of this press release, the Company has not specified a release date for the Sphere. The Company is committed to providing more definitive release date information in the coming weeks and is targeting a release date of approximately Q1 2017, of which there is no guarantee.
About Guardian Patch
The Guardian Patch (the "Patch"), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The Patch is a "stick-on" device that provides its users with the capability to protect and track objects, a loved-one or even a pet, through a mobile application. Download the Patch app, register your patch, and track anything that you own on your mobile device or on our designated website. Register the Patches of your family members and friends to receive alerts in the event of an emergency. Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's Patch.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company") (http://gopherprotocol.com/) is a development-stage company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server. The system contemplates the creation of a global network. Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine. Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit - http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.