Advanced Developer of Wireless Computing and Telcom Devices.
$3.015 Billion Market Value in Report by Roma Appraisals Limited.
Positioned in the High Value Global Commercial Satellite Market.
Trademark Application Filed for New StarzChat Communications App.
Functions Include Group Channels, Video Calling, Push-To-Talk, Live Video Broadcasting and Emergency Location Sharing.
Options for Digital Mobile Radio (DMR), Satellite Communications and Soon Terrestrial Trunked Radio (TETRA).
StarzChat App Designed for iOS, Android, Windows, Linux, MacOS.
AdvanceTC (OTCQB: ATCLF) is a premier company specializing in the design, development, and commercialization of high tech mobile wireless computing and telecommunication devices since 2005. AdvanceTC W3, is a full Windows® OS microcomputer integrated with cellular telephony capabilities and the Xplore X7 is the world’s first android smartphone with 100% earth coverage, satellite messaging and emergency service, fully designed and developed using its own patented proprietary technology and engineering innovation.
ATCLF was spotlighted in 2012 for its release of the Magic W3, which is a 4.8″ Windows®7 full OS touchscreen microcomputer with voice call functionality. The Magic W3 provides true windowed multitasking, multimedia entertainment, social network connectivity, navigation capability, voice telephony, and the full Internet experience.
ATCLF is based in Malaysia with its main office in Kuala Lumpur which is about a 1 hour flight from Singapore and a major tech innovation hub in South East Asia. ATCLF is the creator of the AdvanceTC brand of mobile computing devices with integrated telephony and have redefined mobile productivity by developing innovative communications devices.
AdvanceTC Announces US$3.015 Billion Valuation on ATCLF
On July 19th ATCLF announced that the company had appointed a professional valuer, Roma Appraisals Limited to conduct a valuation of the Company as of 26th May 2021. The valuation report dated 16th July 2021 stated the ATCLF market value was approximately USD3.015 Billion as at 26th May 2021. The valuation is based on an income approach and discounted cash-flow model.
The report is available on the ATCLF website. This is the report link: https://backend.otcmarkets.com/otcapi/company/financial-report/291793/content
Roma Appraisals Limited is a wholly-owned subsidiary of Roma Group Limited, a Hong Kong publicly traded company. The Valuer provides diversified services, including business and intangible assets valuation, natural resources consultation, financial instruments valuation, property valuation, purchase price valuation, machinery and equipment valuation, and work of art valuation services.
Updated Investor Guide; Unique Position in the Satellite and Space Market
On June 14th ATCLF issued a detailed guide for investors on the company and its business sector which included these important points:
The global satellite communication market was estimated at $56.01 billion in 2019 and is expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027
According to an article issued by CNBC, the estimated $400 billion space economy is still broadly dominated by large aerospace and defense companies, serving government-funded interests. But investors say that’s changing, with Morgan Stanley, Goldman Sachs, Bank of America, and UBS each issuing frequent research for clients on how the space industry is growing. Wall Street’s consensus is that space will become a multitrillion-dollar economy in the next 10 to 20 years — a view investors today are banking on.
ATCLF stands out in the mobile satellite phone communication industry because they invented a unique Android satellite smartphone that merges multiple channels and methods of communication into one device which we call multimode-communication. ATCLF has identified an isolated market that hasn’t seen innovation in the last 40 years or so.
The guide also contained answers to significant questions specifically about ATCLF accomplishments, assets, ongoing projects, and plans for the future. These informative questions and answers may be reviewed in full here: https://www.otcmarkets.com/stock/ATCLF/news/AdvanceTC-Issues-Updated-Investor-Guide-Unique-Position-in-the-Satellite-and-Space-Market?id=307052.
ATCLF Testing Satellite-Ready, Omnimode Voice Communication App, StarzChat
On May 21st ATCLF announced the pre-launch testing of its StarzChat integrated and satellite-ready, voice chat platform, soon to be available free for iOS and Android, Windows, Linux, and macOS.
Amidst a surge in downloads of alternative, encrypted, voice communication apps such as Signal and Telegram due to intensifying consumer and business security concerns, StarzChat is a groundbreaking communication platform combining secure, instant messaging with enhanced capabilities like Push-To-Talk radio communication, live video broadcasting, emergency location sharing, and satellite communications when used with the XPLORE X7U satellite smartphone. Whilst currently in beta, it will be available in one, easy-to-use application and service platform for real-time communities and for critical communications anywhere.
When combined with the ATCLF Android-based satellite smartphone XPLORE X7, Android users can unlock added features like Digital Mobile Ration (DMR), first responder and military oriented Terrestrial Trunked Radio (TETRA), emergency location sharing, body or head-mounted live camera features, and satellite messaging when out of range with terrestrial networks.
Trademark Application for New ATCLF Mobile Application
On May 18th ATCLF announced the recent submission of the application for StarzChat, the company’s Multimode Communications App, as a trademark (™) through its appointed trademark lawyer. The application has been submitted for the international class 9 of application software for mobile telephones/smartphones.
ATCLF Release of Multimode Communications App StarzChat: World’s First Secure Messaging App Integrating Digital Mobile Radio and Satellite Communications Capabilities
On May 3rd ATCLF officially announced the launch of its multimode communication app named StarzChat.
StarzChat is an app that combines multiple modes of communication including direct messaging, creating group channels, video calling, Push-To-Talk, live video broadcasting and emergency location sharing. Users that also use a Satellite-Smartphone from ATCLF will be able to additionally use Digital Mobile Radio (DMR), satellite communications, and soon Terrestrial Trunked Radio (TETRA).
StarzChat, is aground-breaking communication platform that will be available for iOS, Android, Windows, Linux, macOS. The app is in beta stage and will be made available to selected users prior to its global release.
StarzChat is built on the open-source matrix protocol which today provides federated, end-to-end encrypted, instant messaging to many organizations, government agencies, and consumers. With more than 28 Million users and 60,000 servers operating around the world today, the Matrix protocol is the best open-source real time communication protocol of the future. https://matrix.org
Additional features include restricting StarzChat communities to approved users only, invite outside collaborators at any time or allow public members to connect with your organization. The StarzChat platform is equally suitable for public facing communication or for secure private networks. ATCLF is targeting to release of the app to the general public by August 2021, upon the completion of the trial.
For more information on AdvanceTC (ATCLF) visit: https://www.advancetc.com
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Media Contact
Company Name: AdvanceTC
Contact Person: Media Relations
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Phone: +60 123736438
Address:99 Wall St. Suite 2818
City: New York
State: NY 10005
Country: United States
Website: www.advancetc.com
