Cybernetic Technologies Ltd (the “Company”) (OTC: HPIL) announces that it is has launched “MEDUSA INTEL TECHNOLOGY LTD.
Cybernetic Technologies has launched a company Medusa Intel Technology Ltd a subsidiary to enter into the world of Artificial Intelligence (“AI”) along with select partners the company has been working with for the past few months.
Cybernetic Technologies announces it has signed an NDA with ANSYS to enter into discussions about how the two will work together on the companies Apogee D7 and its Power Train Management System, currently in development.
I also look forward to the next Shareholders conference to be held on August 6th, 2021, said Stephen Brown CEO.
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Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The “Act”). In particular, when used in the preceding discussion, the words “pleased,” “plan,” “confident that,” “believe,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company’s products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company’s SEC reports and filing.
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