Spectral Capital Corporation, (FCCN.QB) (F3SN:SG, BE) announced today
that has completed a definitive agreement with Noot, Inc. for control of
intellectual property and all other related assets that the company will
develop.
Noot, Inc. is a mobile technology company that is in advanced stages of
creating a proprietary search engine, named 'noot', for people with
mobile smartphones. noot will help people easily find news, social
media, photos and video that match their interests. The technology
actually learns what users like and improves its results over time,
providing very personalized information for the user. A key benefit of
noot will be that the search engine continues to work even when the user
is not actively searching and will discover new and relevant items
without prompting, providing more enhanced and personalized information
the next time the user searches for that topic.
'noot will be a simple, fun and easy way for people to search on their
smart phones. People use their smart phones to search in different ways
than from their PCs or tablets. Today there is not a search tool that
provides a good search experience on smart phones and noot is being
developed for this purpose', stated Jenifer Osterwalder, Spectral
President and CEO.
'Today there are over 1 billion smart phone users while the smart phone
market has a year on year sales growth of over 50% in the United States,
China and India. However, despite the 1 billion current users, there are
over 5 billion mobile phone users, which indicate there is a large
upside for smart phone sales growth. We are very pleased to have Noot,
Inc. as our partner and look forward to a long and prosperous
relationship', continued Osterwalder.
For more information about noot, please visit: www.noot.com
ABOUT SPECTRAL: Spectral acquires and partners with early stage
technology companies that have the ability to grow into independent
public companies. We focus on identifying markets in which a start up
has the opportunity to greatly enhance or become a complete game
changer. We look for technology that is patentable. Through our
knowledge and vast network of professionals from around the world, as
well as our experience as entrepreneurs, we provide support and
encouragement for our portfolio teams and their visions. Spectral's
portfolio teams are consumed and innately passionate about the
development of their ideas.
Contact: Jenifer Osterwalder 206-262-7820 contact@spectralcapital.com
