IRVINE, CA, June 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company focused on digital imaging in mobile devices, collection and management of big data and development of artificial intelligence, today announced it has signed a non-binding letter of intent (LOI) to acquire a technology company with proprietary Artificial Intelligence software. The acquisition would see VMSI absorb a company with a proprietary Artificial Intelligence (AI) Resource Engine designed to analyze geolocation-based information and trends to address many of the economic and social concerns the world is facing as it transitions into a new post-pandemic society. "As we emerge from an unprecedented year, we are excited and optimistic for this acquisition and for the future on VMSI. The pandemic reshaped the world, its industries and how people interact and connect. One of the most significant changes the pandemic brought was a revolution in technology used to bring people together virtually. VMSI's products originally had a focus on events where people would come together physically, but the pandemic changed the way people interact and we changed with it. We re-aligned our technology suite to meet the changes and, today, VMSI is well positioned to capitalize on the need for immediate geolocation-based information that has been re-enhanced by the pandemic. During the past months, management has also worked on developing strategic partnerships and evaluating acquisition candidates that would complement our technology foundation," stated Sean Guerrero, CEO of Vita Mobile Systems.

Stradigi AI, a North American Artificial Intelligence software company, unveiled the new self-service version of its Machine Learning (ML) cloud SaaS platform, Kepler. Stradigi AI is enabling users with no previous ML and Deep Learning experience to reap the benefits of business-driving AI in hundreds of real-world applications. The Kepler platform provides end-to-end automation of complex data science processes with its new Automated Data Science Workflows. The automation features allow businesses to get AI projects to market on their own quickly, solving the most pressing use cases in the market today, including customer segmentation, churn prediction, demand forecasting, predictive maintenance, sentiment analysis, attribution modeling, workforce planning, pricing optimization, and more, across all business verticals. "[The Kepler platform] has been designed to enable non-coders without data science experience to get up and running quickly to make ML-driven predictions," said Krishna Roy, Senior Analyst, Data Science and Analytics at 451 Research.

LittleBigBrain, LLC announced today the launch of their Artificial Intelligence (AI) software company. The founders, John Morad and Kevin Malone, have both built highly successful enterprise-level software organizations from the ground-up. They are excited about the endless range of what AI can accomplish. "We see extraordinary opportunities in AI and feel we are uniquely positioned to capitalize on what we view as just the beginning of a rapid upward growth trajectory in the industry," said Kevin Malone, CEO of LittleBigBrain. "The potential of what this technology can do is limitless, and we are currently just scratching the surface."