AUSTIN, Texas, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Bravatek Solutions, Inc. (OTCPink:BVTK) (“Bravatek” or the “Company”) announces that it has expanded its relationship with DarkPulse Technology Holdings, Inc. (“DPT”), whereby Bravatek and DPT have entered into negotiations for a Joint Venture (“JV”), expanding the scope of their mutually-beneficial relationship and building upon the Marketing Alliance Program agreement announced in September. To that end, Bravatek has received a PO from DPT related to a project DPT is currently negotiating to bring DPT’s technology to Eastern Europe. DPT’s project, if successful, should represent the first segment of a multi-year monitoring agreement totalling more than $106 million for DPT and using DPT’s patented distributed fiber-optic sensing technology.
Dr. Thomas A. Cellucci, Bravatek’s Chairman & CEO, commented: “Our partnership with DarkPulse Technologies allows us to rapidly execute our joint strategy to expand operations into the ever-increasing Critical Infrastructure/Key Resource (CI/KR) markets, an important priority of worldwide governments, as well as private sector owners/operators of CI/KR (who own a majority of CI/KR).”
Mr. Dennis O’Leary, CEO of DarkPulse, commented: “After seeing how effective Bravatek is as a strategic partner, we decided to join forces in a substantive way to accelerate our mutual growth."
There is no guarantee that DPT’s efforts will be successful, or that BVTK will earn any revenue as a result of the PO, and BVTK invites shareholders to review the Current Report on Form 8-K filed with the SEC on October 11, 2017, for additional details regarding the PO.
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 physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
For more information, visit www.bravatek.com
About DarkPulse Technology Holdings, Inc.
DarkPulse Technologies is a global technology provider in the business of manufacturing, selling, installing, servicing and monitoring systems, including hardware and software that detects changes in the structural health of infrastructure. Their security solutions offer 24/7 monitoring of perimeters and detection of tunneling along national borders.
For more information, visit www.DarkPulse.com
Safe Harbor Statement
This press release contains certain “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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