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Base Molecular Resonance™ Technologies Receives $1.8 Billion U.S. IP Licensing Valuation in its Security Business Sector

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Report Cites Projections of an Additional $3.5 Billion Upon Global Expansion

STUART, Fla., Oct. 21, 2024 /PRNewswire/ — Base Molecular Resonance™ Technologies (BMRT) announces a $1.8 billion valuation for its IP licensing in the U.S. security market, issued by IP Capital Group (ipCG), a renowned IP firm founded by John Cronin, the former top patent holder at IBM and creator of the IBM “patent factory.” ipCG is an intellectual property (IP) and innovation consulting firm, incorporated in 1998. ipCG has delivered over 2000 successful innovation and IP engagements, including to over 20% of the Fortune 500, across a wide range of industries. ipCG has built a legacy of deep expertise in intellectual property valuation, making it a leader in valuing high-impact technologies.

ipCG estimates the U.S.-only licensing potential of the BMRT patent portfolio in the security vertical to be $1.8B.

ipCG was commissioned to conduct an independent analysis of BMRT’s patent portfolio to assess its licensing potential in the security sector—a market BMRT will soon enter through its wholly-owned subsidiary, BMRT Security Inc. The report delivers a comprehensive evaluation of BMRT’s 17 patent assets, highlighting their considerable potential for generating substantial licensing revenue.

According to the report, “ipCG estimates the U.S.-only licensing potential of the BMRT patent portfolio in the security vertical to be $1.8B.” This valuation underscores the strategic value and market impact BMRT’s technology is expected to bring to the security industry.

BMRT is poised to enter five key component markets: Public Safety & Law Enforcement, Border Security, Shipping & Logistics Security, Public Infrastructure Security, and Corporate & Executive Protection. The report from IP Capital Group describes its analysis as “intentionally conservative,” noting that the valuation focuses solely on the U.S. market despite the considerable global potential for BMRT’s technology.

According to the report, “The international licensing potential of the BMRT patent portfolio in the security vertical is estimated at an additional $3.5B,” bringing the total potential IP licensing valuation to $5.3 billion worldwide. BMRT has already begun to deploy its international patent strategy. Additionally, it’s important to note that licensing represents only one facet of BMRT Security Inc.’s comprehensive business strategy.

Lee Duke, BMRT’s Co-Founder & President, remarked, “Over the past two decades, we have relentlessly pushed the boundaries of quantum physics, resulting in a patented, one-of-a-kind technology designed to prevent school shootings, detect concealed threats, and ultimately transform how we protect our communities. This is not just about advancing technology; it’s about saving lives and making the world a safer place for future generations. This technology represents a pivotal step forward, one where our commitment to safety is no longer just an aspiration but a reality.”

In a recent third-party landmark validation study, announced July 11, 2024, BMR™ technology proved to be 100% accurate, with no false positives or false negatives, in blind and double-blind tests detecting gunpowder, illegal drugs, nuclear elements, and cancer through a non-intrusive, instantaneous scan using its groundbreaking, patented molecular resonance technology. The rigorous study was conducted by the Center for Applied Innovation (CAI) at York St. John University in York, England. As part of the redacted study results, specific tests demonstrated BMR™ technology’s ability to detect certain explosive elements from hundreds of miles away using precise triangulated confirmation.

In an additional release on September 25, 2024, it was announced that the company’s patented technology can detect explosive elements and firearms, like loaded AR-15 rifles, from hundreds of feet away—even through buildings and solid barriers.

“This is just the beginning of what this remarkable technology can achieve,” said Robert Bo” Short, BMRT Co-Founder & CEO. The possibilities are limitless; from revolutionizing cancer detection in healthcare to dramatically enhancing national security. Our technology has the potential to transform entire industries, whether in precious metal detection, food safety, oil and gas exploration, air quality monitoring, agriculture, and beyond. While we believe BMRT could grow to become one of the world’s largest companies, it’s our technology’s capacity to save millions of lives and alleviate untold pain and suffering that fuels our relentless drive. At its core, this is about creating a safer, healthier, and more sustainable future for all.”

BMRT will soon announce the launch of its wholly-owned subsidiary, BMRT Security Inc., along with an initial $15 million seed round to drive growth and accelerate the deployment of its transformative security solutions. BMRT is actively building strategic partnerships and engaging with potential investors who share their vision of transforming the security landscape. Duke adds, “Together, we aim to ensure that this technology reaches its full potential, safeguarding lives and enhancing safety on a global scale.”

About Base Molecular Resonance™ Technologies (BMRT)
BMRT has discovered a new area of Quantum Physics that utilizes resonant frequencies to detect particle interactions at subatomic levels. This technology, called Base Molecular Resonance™ (BMR™), can detect any compound or biological substance, including every element on the periodic table, and up to 200 cancers and other diseases. With over 20 years of prototyping and testing proving its unmatched detection capabilities, BMR™ has the potential to save millions of lives by pinpointing weapons, explosives, and other physical threats both up close and at great distances, and detecting cancers and other diseases long before they present clinical symptoms. The non-invasive, harmless, and instant scan has broad implications in cancer diagnostics, public safety, law enforcement, security, and military services.

For more information about BMRT and its groundbreaking technology, visit www.BMRT.io

Contact: 
Bryan Adams
info@BMRT.io
800.522.4718 Ext. 1

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SOURCE Base Molecular Resonance Technologies, LLC

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Québec Waste Reduction Week – Old Cell Phones and Small Electronic Devices: EPRA-Québec Calls on the Population to Recycle Their Old Electronics

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MONTRÉAL, Oct. 21, 2024 /CNW/ – With Québec Waste Reduction Week (QWRW) set to run between October 21 and 27, the Electronic Products Recycling Association of Québec (EPRA‑Québec) is proud to contribute to the health of our planet and invites all Quebecers to take concrete action by recycling their old electronics. Notably, EPRA‑Québec continues to emphasize the importance of recovering old cell phones and other small devices that can no longer be used, such as MP3 players, digital cameras, and headphones since these products tend to have lower recycling rates across the province.

While these devices are widely used, they are also those most often forgotten in the bottom of a drawer, given their small size and the little space they take up. According to a CROP survey conducted last June for EPRA‑Québec, the top three old electronic products that people own but want to get rid of are cell phones/smart phones, computer accessories, and laptop computers.

Recycling old electronics: an action that is easy and accessible

The Recycle My Electronics™ program offers more than 1,000 authorized drop-off points, accessible free of charge, all over Québec, including some 200 smartbins, also known as electrobacs. These bins make it easier to collect small electronic devices (cell phones, various wires and cables, MP3 players, tablets, headphones, chargers, etc.) as they are in places frequented daily by the population, such as grocery stores, shopping centres, educational institutions, or public transit facilities.

“There are many reasons why we hold on to a cell phone or any other old electronic device that we no longer use. Whether people don’t know where to bring them or they worry their personal information will be exposed, I want to reassure them,” says Martin Carli, scientist and EPRA‑Québec’s official spokesperson. “Knowing that close to one in two people (47%) currently has at home old electronics they want to get rid of, I want to remind the population that dropping them off at an authorized drop-off point is easy and important because recycling an old electronic product through the official program restores its value in an ecological and safe way.”

To see the complete list of accepted products, to find an authorized drop-off point in Québec, and to get more information on electronics recycling, visit https://recyclemyelectronics.ca/qc.

Protecting the planet by recycling old electronics

Thanks to the participation of the Québec population, more than 19,000 tons of old electronics were collected in 2023. This is good news, but we must continue our efforts. The responsible recycling of end-of-life electronics does indeed help to protect the planet by recovering precious resources while reducing the amount of electronic waste in landfills.

EPRA-Québec takes charge of all electronics brought to any one of its authorized drop-off points, including several municipal ecocentres, many retailers as well as other organizations and companies. The devices are then sent to certified and approved companies located in Québec and compliant with Canadian standards, who ensure that they are handled in an environmentally friendly way while minimizing risks to health and safety. Once the products are dismantled, component materials such as metals, plastics and glass are sorted and recovered for the purpose of being processed and reused to make all kinds of new products, therefore preserving non-renewable natural resources.

About EPRA-Québec

As a recognized industry-led not-for-profit organization, EPRA-Québec provides an approved environmental compliance program for manufacturers, distributors and retailers of electronics marketed in Québec. It is responsible for implementing and operating on behalf of its stewards, a responsible program for the recovery and reclamation of electronic products. Its Recycle My Electronics™ program includes more than 1,000 authorized drop-off points accessible free of charge across the province and has helped divert more than 200,000 metric tonnes of old electronics from landfills since 2012.

SOURCE Electronic Products Recycling Association of Québec (EPRA Québec)

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The New Flat Rate builds connections, winning strategies at 2024 Business Uncensored

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Award-winning price generating software company gives contractors actionable advice for today’s problems in home service industry

DALTON, Ga., Oct. 21, 2024 /PRNewswire/ — The New Flat Rate, the No. 1 price generating software for home service contractors, provided an opportunity for contractors to connect with their peers to build winning strategies and solutions during its annual Business Uncensored conference in Chattanooga, Tennessee.

The three-day event covered several areas of focus that provided value to contractors, from creating a successful work culture to maximizing paid ad efficiency.

“The true benefit of Business Uncensored lies in the close-knit atmosphere we provide contractors,” said Danielle Putnam, president of The New Flat Rate. “When they come to this event, they know they will be working alongside other contractors facing similar problems. This collaboration allows them to share stories and work together to develop solutions they can take back home and use to succeed. It’s the bonding and networking with others that makes Business Uncensored unique and special.”

The event featured several speakers who delivered strategic messages to help contractors succeed in today’s changing and competitive landscape.

Zac Garside, founder of Keep ‘Em: Email Marketing Services, was the keynote speaker at the event. His session “Automate Scalable Success with the Right Message” gave critical insight into email marketing for contractors.

Other notable speakers at the event included:

Jennifer Bagley of CI Web Group on navigating digital marketing.Steve Moon of Moon Services on employee value, yesterday, today and tomorrow.Matthew Bratsis and Donna Decoster of OPTIMUS Financing on The Amazon Effect.And many more

“Since 2020, the way businesses operate has changed dramatically, and this year we felt that it was important to focus on the actual problems facing contractors every day,” Putnam said. “We wanted our focus to revolve around actionable advice through real storytelling and experiences of industry experts. We often get advice that sounds great on the surface, but we wanted to dig deeper and bring more substance to help contractors solve their problems today.”

For more information about The New Flat Rate, please visit https://thenewflatrate.com/.

About The New Flat Rate
The New Flat Rate, Inc. pioneered the first menu pricing system for in-home essential service providers which has doubled and tripled the average service ticket for contractors across the United States and Canada. Targeting HVAC, Plumbing, and Electrical Service and Repair contractors, each market-specific edition is designed to do the bundling and upselling for technicians by providing hundreds of service, repair and equipment replacement “menus,” each with up to five straightforward options consumers can choose. Voted No. 1 retail pricing generator during the 2021 HARDI conference, The New Flat Rate develops processes to eliminate objections and lower sales resistance for service technicians. For more information, visit http://thenewflatrate.com/ or call 706-259-8892.

MEDIA CONTACT: 
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

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SOURCE The New Flat Rate

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GES To Be Acquired by Truelink Capital

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Transaction Supports Accelerated Growth

LAS VEGAS and LOS ANGELES, Oct. 21, 2024 /PRNewswire/ — GES, a leading provider in the global exhibition and event industry, announced today that its parent company, Viad Corp, and Truelink Capital, a Los Angeles based private equity firm, have entered into a definitive agreement whereby Truelink will acquire the GES business. The acquisition is expected to close by the end of 2024, subject to applicable and customary closing conditions.  

Derek Linde, GES President said, “This is an exciting time for GES. The business has tremendous momentum, and our team is driving strong revenue growth, margin expansion, and client service. The publicly traded Viad conglomerate has been a great home to GES for decades and we are excited to start a new chapter as a private company with Truelink, who believes in our ability to continue delivering industry leadership, innovation and growth.”

With over 2,600 employees and thousands of active union partners across the globe, GES and its companies have a decades-long history supporting the world’s leading brands and events in robust business verticals, including healthcare, aerospace & defense, financial services, manufacturing, technology, and retail, in a variety of event marketing capacities.

“GES is a trusted brand with a proven track record of delivering best-in-class services to the global exhibitions and experiential marketing verticals. We look forward to collaborating with this talented team to help the company realize its full potential,” Truelink’s Co-Founder and Managing Partner Luke Myers said.  

Included in the acquisition are GES Exhibitions, a major provider of global exhibitions & logistics services; Spiro, a leading global experiential agency; and onPeak, SHOWTECH, and Visit, which provide event accommodation, power/lighting and registration services. Upon closing, GES will become a privately-owned, stand-alone company within Truelink’s business portfolio and continue to deliver a range of best-in-class and value enhancing experiential solutions to clients. 

Derek Linde, current GES President, will assume the role of President and CEO following the closing. He will be joined by Jeff Quade, GES NA Exhibitions President; Jason Stead, GES EMEA Exhibitions President; and Jeff Stelmach, Spiro President, who will continue leading the operating businesses post transaction.

Linde continued, “We remain dedicated to delivering extraordinary experiences to our clients across the globe. This partnership with Truelink will enable us to intensify our focus on innovation and enhance our capabilities across our differentiated global platform.”

About GES: 

The GES business entity is a dynamic collective of industry-leading companies and their distinctive specialties—GES Exhibitions, Spiro, onPeak, SHOWTECH and Visit—that deliver comprehensive experiential, strategic, creative, event management and accommodation, meeting planning and logistical solutions, as well as registration and engagement solutions. We empower brands to engage their audiences and elevate customer experience, using what we believe is today’s most powerful channel in an ever-competitive landscape: experiential marketing. Whether scaling together or independently, our companies strategically partner with brands and event organizers to transform business imperatives into measurable results that drive meaningful customer connections & bottom-line impact. 

www.ges.com 

www.thisisspiro.com 

www.onpeak.com 

www.showtech.ca 

www.visitcloud.com 

About Truelink Capital

Truelink Capital is a middle-market private equity firm based in Los Angeles.  Truelink pairs deep industry experience in the industrials and technology-enabled services sectors with a commitment to building partnerships that drive long-term value through an operationally focused strategy. Truelink partners with management, corporate sellers, and founders to accelerate growth through the execution of strategic initiatives and transformative add-on acquisitions.

Contacts:
Marianne Szczech
630-220-6102
mszczech@ges.com

Photo – https://mma.prnewswire.com/media/2534737/GES_Collective.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ges-to-be-acquired-by-truelink-capital-302280871.html

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