AUSTIN, Texas, May 09, 2018 (GLOBE NEWSWIRE) -- BRAVATEK SOLUTIONS, INC. (PINK OTC:BVTK), a fully-reporting, publicly-traded, high-technology security-solutions provider, today announced it has entered into an Equity Purchase Agreement with TRITON FUNDS for $500,000. TRITON FUNDS, a new fund launched by students at the University of California, San Diego (UCSD), is making the investment to drive the continued expansion of BVTK’s proprietary technology which assists corporate entities, governments, and individuals in protecting their organizations against errors, as well as cyber and physical attacks. The Company’s leadership has deep experience across the Intelligence, Security and Telecommunications markets. The investment comes as the Company experiences a solid reputation as a global security platform firm, engaged in a number of strategic agreements to rapidly provide capabilities to meet requirements in both the public and private sectors.
“We are pleased to be working with the students at TRITON FUNDS because they represent not only ‘smart money’ but are eager to learn about our capabilities and leverage their knowledge of marketing trends in the technology arena,” said The Hon. Dr. Thomas A. Cellucci MBA, Chairman and CEO of Bravatek.
“We are proud to announce our investment into Bravatek, providing the necessary financing for their exceptional management team to meet their internal goals. BVTK is working towards a more secure future in today’s world of constant data breaches and cybersecurity threats. As a millennial fund, our intentions are to invest in companies that will benefit future generations; Bravatek acknowledges the future of our society and is working diligently for a safer horizon,” said Sam Yaffa, co-Founder of TRITON FUNDS.
“It’s amazing, and to an extent, scary, how far technology has taken us; anyone can hack into someone else’s account from anywhere and extract their most sensitive information. The need for cyber security is greater now than ever, and it will only increase in years to come,” said TRITON FUNDS co-founder, Yash Thukral. “Bravatek is supporting the millennial future by providing solutions to this problem and working to create a more secure future, and TEAM TRITON supports them in their goals.”
Nathan Yee, co-founder of TRITON FUNDS, added, “Working with someone as qualified as Dr. Cellucci, and his team, has been a valuable learning experience for our team. Bravatek offers an impactful solution to a problem created by the creation and mass integration of the internet. It is a perfect addition to our portfolio as a company focused on making the future a better place.”
About Bravatek Solutions, Inc.: Bravatek Solutions, Inc. is a high-technology security-solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both cyber and physical attacks through its offering of the most technically-advanced, cost-effective and reliable software, systems, and tools. For more information, visit www.bravatek.com.
About TRITON FUNDS LLC: TRITON FUNDS LLC is a student-run private investment fund founded by undergraduates from the University of California, San Diego (UCSD). TRITON FUNDS provides students the invaluable opportunity to gain real-world experience investing alongside experienced financial professionals. We invest in high performing teams with revolutionary aspirations to grow their company into industry leaders. TRITON FUNDS creates an ecosystem that assists talented entrepreneurs in successfully growing their ideas and maintaining strong community ethical standards. We provide strategic capitalization, business development support, and engineered exits to organizations we believe have a viable future in the modern economy. For more information, visit www.tritonfunds.com.
TRITON FUNDS LLC is not a subsidiary of the University of California, San Diego (UCSD) administration or its student body. The fund is a separate entity from the school and should be treated as such.
Disclaimer - Forward Looking Statements: This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully develop and market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Contact
info@bravatek.com
866.490.8590
Related Links
http://bravatek.com
http://www.tritonfunds.com
Source
Bravatek Solutions, Inc.