GreetEat Corporation (OTC: GEAT) Applies for Patent on Groundbreaking Technology: “Video Conferencing with Food Delivery Vouchers”

Rhea-AI Summary

GreetEat Corporation (OTC: GEAT) has filed a patent application for its innovative "Video Conferencing with Food Delivery Vouchers" technology, combining video conferencing with on-demand food delivery services. The platform allows users to schedule meetings and include food vouchers for participants through delivery partners. According to internal data, meetings with meal vouchers show 60% higher attendance and longer engagement times. The company is positioning itself at the intersection of two growing markets: video conferencing (expected to exceed $19.1B by 2028) and food delivery (projected to surpass $500B globally by 2030). The platform streamlines the process of setting up meetings with integrated meal vouchers, providing users with a unified experience for virtual connections.

Positive

• Patent filing provides intellectual property protection for the company's core technology
• Operating in two high-growth markets: video conferencing ($19.1B by 2028) and food delivery ($500B by 2030)
• Internal data shows 60% higher attendance and longer engagement times for meetings with meal vouchers
• Platform offers unique competitive advantage by combining two distinct services into one solution

Negative

• Company trades on OTC markets, which typically indicates higher risk and lower liquidity
• No revenue or user adoption metrics provided
• Faces potential competition from established players in both video conferencing and food delivery sectors
• Patent pending status does not guarantee patent approval or protection

RENO, Nev., June 12, 2025 (GLOBE NEWSWIRE) -- GreetEat Corporation (OTC: GEAT) is proud to announce that it has officially filed a patent application for its innovative core technology: “Video Conferencing with Food Delivery Vouchers.” The company is now patent pending, marking a major milestone in its mission to transform the way people meet, connect, and collaborate in virtual environments.

This proprietary technology combines two high-growth sectors video conferencing and on-demand food delivery into a unified experience, allowing users to schedule meetings or events and seamlessly include food and beverage vouchers for participants via partners.

“GreetEat is not just a platform, it's a movement,” said Kenny Shimokura, Chief Operating Officer of GreetEat. “This patent represents a foundational step in protecting our vision and building long-term value. We believe we’re creating a new category in the virtual experience economy that will reshape how people interact remotely; whether for work, team bonding, or celebration.”

Industry Momentum

• The global video conferencing market is expected to exceed $19.1 billion by 2028, fueled by hybrid and remote work models across sectors.
  
• The food delivery market is projected to surpass $500 billion globally by 2030.
  
• Internal GreetEat data shows that meetings that include a meal voucher have 60% higher attendance and longer engagement times, proving the power of combining utility with hospitality.
  
  

GreetEat’s patent pending approach offers unmatched convenience for hosts and participants. Users simply log in, set up their meeting, assign food voucher values, and invite attendees all in one place. Participants receive a unique link to claim their meal and join the video call at the scheduled time, allowing every meeting to feel more like an experience.

With this patent filing, GreetEat is reinforcing its commitment to innovation, user experience, and defensible intellectual property that will drive shareholder and user value in the evolving digital economy.

To explore the platform or schedule a meeting, visit www.GreetEat.com.

About GreetEat Corp.

GreetEat Corp. (OTC: GEAT) is pioneering a new category at the intersection of food delivery, video conferencing, and social connection. Its platform enables shared dining experiences virtually empowering users and enterprises to connect meaningfully from anywhere in the world.

For media inquiries, investor relations, or partnership opportunities, please contact:

Investor Relations
GreetEat Corp.
Email: investors@GreetEat.com
Website: www.GreetEat.com

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates, and projections about the company's business and industry, management's beliefs, and certain assumptions made by the management. Such statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

FAQ

What is GreetEat's (GEAT) main technology innovation?

GreetEat's innovation combines video conferencing with food delivery vouchers, allowing users to schedule meetings and include meal vouchers for participants in a unified platform.

How does GreetEat's (GEAT) technology impact meeting attendance?

According to internal data, meetings that include a meal voucher have 60% higher attendance rates and longer engagement times.

What are the market projections for GreetEat's (GEAT) target industries?

The video conferencing market is expected to exceed $19.1B by 2028, while the food delivery market is projected to surpass $500B globally by 2030.

How does GreetEat's (GEAT) platform work?

Users log in, set up their meeting, assign food voucher values, and invite attendees. Participants receive a unique link to claim their meal and join the video call at the scheduled time.

What is the current status of GreetEat's (GEAT) patent application?

GreetEat has filed a patent application for its 'Video Conferencing with Food Delivery Vouchers' technology and is currently in patent pending status.