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LAS VEGAS, NV –
The Company’s common stock begins trading under the new symbol “AVAI” today, July 19, 2023, on the OTC Markets Group “OTCQB” electronic platform.
The name change signifies the Company’s strategic shift into the AI sector following the acquisition of the highly sophisticated machine and deep learning AI engine, Avant! AI ™.
This is a major milestone for Avant Technologies,” said Paul Averill, Avant’s Chief Operating Officer. He added, “Over the past three months, we have aggressively moved to fully transition into the AI sector and this name change better reflects our new direction and our new mission to compete as a leading AI company. We are excited to continue our aggressive growth strategy to facilitate the advancement of our signature AI technology, Avant! AI ™, and our multi-faceted approach in the AI sector.”
The Company will further define its direction in the AI sector over the coming months. To learn more about Avant Technologies, visit: https://avanttechnologies.com
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About Avant Technologies, Inc.
Avant Technologies, Inc. (OTCQB: AVAI) is an expert in the field of information technology based on artificial intelligence. Recently, Avant acquired Avant! AI™ and InstantFAME™, two technologies operating in multi-billion-dollar industries. Avant’s “Thy News” application is another of the Company’s projects. Thy News is a worldwide application used for processing news from multiple sources. The app offers users the opportunity to create their own news feeds solely from those sources that are of interest to them, as well as creating additional news feeds segmented by topic.
Forward-Looking Statements
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, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. 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 after the date of the press release.
Contact:
Kenn Kerr, Consulting Manager of Corporate Communication
Avant Technologies, Inc.
kkerr@avanttechnologies.com
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