ORO VALLEY, Ariz., March 20, 2017 (GLOBE NEWSWIRE) -- Tautachrome, Inc. (OTCQB:TTCM) today updated its fundraising activities
and its ongoing discussions with a Fortune 50 company.
In accordance with Tautachrome’s policy of keeping its investors informed and up to the minute, in this release we highlight our
upcoming activities aimed at generating substantial funding for the rollout of the Company’s flagship KlickZie technology.
This week we are meeting with an individual who is highly influential in Silicon Valley for the purpose of guidance and
potential participation in Silicon-Valley-sourced funding from venture capital firms and from potential KlickZie end users among
the smartphone corporations in phone manufacturing, chip making and service provision.
Simultaneously we continue our work this week with the first Fortune 50 company (F50-1) with whom we began working early this
quarter on a concept to implement KlickZie trusted imaging end-to-end in this giant corporation.
In addition, last week we began to seek a major news outlet that would wish to be first in the implementation of KlickZie
technology to create an unbeatable trusted news gathering capability. A news outlet licensing KlickZie can use KlickZie to provide
live trustable feeds from any KlickZie-equipped smartphone. This means that the network could have thousands perhaps millions of
potential trusted news gatherers all over the world able to stream live trusted imagery on any event happening anywhere, via the
KlickZie cloud right into the studio. We believe the first news outlet to implement KlickZie technology will have a
significant advantage over competitors by becoming the network known as broadcasting “truth as it happens.” Fake news will take a
beating when it can no longer be supported by fake pictures and videos.
With respect to other work, we announced several weeks ago our discussions with a venture company and a well-regarded investment
banking company, regarding their proposal to make bank-funded acquisitions of highly profitable private tech companies in the 20 to
30 million-dollar revenue range, with the goal of up-listing Tautachrome to the NASDAQ in the short term. We have determined to
wait on that activity for the following reason. A single acquisition of that size could only work to create a quick up-listing to
the NASDAQ if accompanied with a reverse split, which the Company will not do. And multiple acquisitions, which would avoid such a
split would take a considerable amount of time and is fraught with risks of its own. Given the progress we are making on all other
fronts, we have determined to shelve that project for the time being.
We work seven days a week to keep the Company moving in the right direction creating great opportunities for our shareholders
and the world. We believe that with just one highly significant deal with the right entity, everything we envision for Tautachrome
will rapidly take place. It is just a matter of time until the right deal is in place.
One last thing: Tautachrome’s infrastructure is growing. Starting today, Investor Relations is being performed in house: David
LaMountain, Investor@tautachrome.com.
About Tautachrome, Inc.
Tautachrome, Inc. (OTCQB:TTCM) is an emerging growth company in the developing digital imagery technology sector. Tautachrome
has revolutionary smartphone-image authentication allowed patent claims and breakthrough patents pending, including
Talk-to-the-Picture social networking and trustable imagery-based interaction.
Forward-Looking Statements: Statements made in this press release are forward-looking and are made
pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual
results to differ materially from those projected in forward-looking statements include, but are not limited to, general business
conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in
their entirety by this paragraph and the risks and other factors detailed in Tautachrome's reports filed with the Securities and
Exchange Commission. Tautachrome undertakes no duty to update these forward-looking statements.
Contact: Tautachrome, Inc. 520.318.5578 Web: www.tautachrome.com Investor Relations Department investor@tautachrome.com
