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| ICNM Announces Joint Venture with Huge Potential in Massive Market |
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 Hot Stock to Watch |
Company: Icon Media Holdings (Pink Sheets: ICNM)
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Last:
Price: 0.0001
Change (%): + 0.00 (0.00)
Volume: 44,471,000 |
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Icon Media Holdings, Inc. Enters Into Joint Venture Agreement with Caduceus Software
Companies Will Engage On Joint Research and Development Projects
RALEIGH, NC-(Marketwired - Jan 11, 2017) - Icon Media Holdings, Inc. (OTC PINK: ICNM), a diversified global technology company that specializes in wireless infrastructure and technical services via Spectrum Velocity™ for the wireless industry, is pleased to report that we have entered into an agreement with Caduceus Software Systems Corporation to develop software systems and processes targeted the wireless industry.
Bain & Co. predicts the market size for the IoT segment alone could exceed 470 billion dollars by 2020. Under the agreement, any patents, or unique intellectual property created as a result of the joint effort will be shared equally between Icon and Caduceus.
Commenting on the agreement, Rob Deakin, CEO of Icon, said, “We are very excited to have an opportunity to work with Caduceus Software Systems. Richard Tang and their programmers have a stellar reputation for developing customized software systems for a broad array of industries while implementing the highest level of security protocols. We anticipate creating software products that will benefit our subsidiary Spectrum Velocity as well as other companies in the wireless Industry.”
Caduceus Software’s CEO Richard Tang commented, “Caduceus Software Systems is very pleased to offer an extension of our services to Icon Media. We have staff that is trained for harsh environment hardware installation, and develop critical software systems with redundancy/uptime/resiliency/concurrency in mind. ICNM’s focus is to deliver their projects on time and on budget. Caduceus is able to provide software and hardware planning logistics via our agile methodology, and give comprehensive training to their clients. We also compliment ICNM since we have OSHA certifications to perform duties at environmental risk sites, such as power substations plants, and highly mechanized industrial automation factories and arenas. I feel that by joining our efforts we can accomplish and bid on projects in a grander scale. I thank Rob for the opportunity for a long-lasting business relationship.”
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