AMPD Ventures Inc. Announces CAD $1.1 Million Technology Sale to Leading Digital Media Industry Customer
VANCOUVER, BC / ACCESSWIRE / February 10, 2022 / AMPD Ventures Inc. ("AMPD" or the "Company", (CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0), a next-generation digitalinfrastructure provider, is pleased to announce that it has closed a CAD $1.1M technology sale with a leading Vancouver-based digital media company, who has acquired high-performance workstations and networking systems specifically designed for content creation.
Anthony Brown, CEO, commented, "We are very pleased to complete this sale to an established leader in the digital media industry, further validating AMPD's technologies which resonates across numerous key sectors in digital content creation. More and more customers are trusting AMPD to provide them with the right technology solutions to fulfill their custom content creation needs. AMPD technology solutions improve operational efficiency and reduce operational costs while improving performance for the latest and greatest applications."
The AMPD revenue model is proving itself out as the company continues to drive significant sales contracts. The Company is proud to announce they have received over CAD $2.6 Million in new purchase orders since October 2021. Revenue on these orders will be realized as the orders are shipped.
"Although Covid and supply issues continue to plague most companies AMPD has been able to navigate these waters effectively, continuing on a strong growth path and expects to see a solid growth multiple in comparison to FY2021," further adds Anthony.
About AMPD Ventures Inc.
AMPD is a next-generation infrastructure company specializing in providing high-performance computing solutions for low-latency applications. With state-of-the-art, high-performance computing solutions hosted in sustainable urban data centres, AMPD is leading the transition to the next generation of computing infrastructure as 'the hosting company of the Metaverse'. Through a mix of infrastructure as a service ("IaaS") and an upgraded, high-performance cloud offering, we are meeting the low-latency requirements of multiplayer video games and eSports, computer graphics rendering, artificial intelligence, machine learning, mixed reality, big data processing, and the as-yet uncharted technological developments of the coming decades. Additional information can be found on SEDAR and our website atwww.ampd.tech.
For further information please contact Investor Cubed Inc.:
Neil Simon, CEO
Telephone: (647) 258-3310
Email: nsimon@investor3.ca
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ "Anthony Brown"
Anthony Brown
CEO & Director
AMPD Ventures Inc.
Telephone: 604-332-3329
Email: ir@ampd.tech