Scope Technologies Corp Announces Channel Partnership with COGITO to Expand Global Reach
Rhea-AI Summary
Scope Technologies Corp (OTCQB: SCPCF) has announced a strategic channel partnership with COGITO, a leading software distributor, to expand its quantum security solutions in the Chinese market. COGITO, established in 2000, operates across Singapore, Hong Kong, China, America, and Australia, with a network of over 2,000 resellers serving more than 40,000 users.
The partnership will focus on promoting QSE Group's quantum-resistant data storage and entropy services through COGITO's extensive distribution network, which includes enterprises, government agencies, and educational institutions. COGITO will market and distribute QSE's complete suite of quantum security offerings, including decentralized cloud storage and Entropy-as-a-Service solutions.
Positive
- Strategic entry into Chinese market through established distributor
- Access to extensive network of 2,000+ resellers
- Exposure to large customer base of 40,000+ users
- Geographic expansion across multiple Asian markets
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SCPCF gained 29.18%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
COGITO, established in 2000, operates across
James Young, CEO of Scope Technologies, stated: "Partnering with COGITO marks a significant milestone in our global expansion strategy. Their extensive reseller network and established market presence in
A spokesperson for COGITO commented: "We are excited to offer QSE's advanced quantum security solutions to our extensive client network. As we have observed increasing demand for data security solutions that are resilient against quantum threats, this partnership will enable us to meet those needs and deliver unmatched security to organizations throughout the region."
Through this partnership, COGITO will promote and sell QSE's full suite of quantum security offerings, including decentralized cloud storage and Entropy-as-a-Service, ensuring businesses and institutions can safeguard their critical data assets against current and future cyber threats.
About COGITO
COGITO was established in 2000 and has offices in
For more information on how QSE's quantum security solutions visit www.qse.group or contact sales@qse.group
About Scope Technologies Corp
Headquartered in
LinkedIn: scope-technologies-corp
Facebook: Scope Technologies Corp
Twitter: @ScopeTechCorp
Contact Information:
James Young
CEO, Scope Technologies Corp.
Email: james@scopetech.ai
Phone: +1 604-416-1720
Website: www.scopetechnologies.io
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
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SOURCE Scope Technologies Corp.