Investorideas.com Newswire - #Tech information: Gopher Protocol (OTCQB: $GOPH) Continues Integration of ECS utility Platform

(MENAFN - traders ideas)#Tech information: Gopher Protocol (OTCQB: $GOPH) Continues Integration of ECS software Platform With continued growth ECS Generated Gross income in extra of $24 million yr to this point in 2018

SANTA MONICA, CA - June 26, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. ( OTCQB: GOPH ) ("Gopher"), an organization specializing within the introduction of cyber web of things (IoT) and artificial Intelligence enabled cell technologies, is happy to announce that its contemporary acquisitions, which now contain its fintech division, led by ECS, had been totally integrated.

ECS, because the starting of 2018 (cumulative via final week) did 2,274,195 transactions from 21,729 terminals of which 1,399,975 were billable amounting to gross income of $24,863,692 (unaudited).

looking on the similar 90 day period in 2017, ECS prepaid had $7.5 million (unaudited) in salary whereas processing 813,000 transactions over an average of 5,300 areas. ECS pay as you go's earnings for the 90 days just earlier than being got by way of Gopher was $8.5 million (unaudited) whereas processing 859,four hundred transactions. For the ninety day length publish acquisition through Gopher, ECS prepaid's income turned into $13.three million (unaudited) whereas processing over 1.1 million transactions, leading to an increase in profits of 77% over the similar duration in 2017. Gopher intends to proceed this sample with contemporary agreements for processing alignments, the addition of AT&T SIM Activation program, and expanded product margins on latest core items.

"ECS pay as you go would be in a position to operate the 'UGO doorways' with little impact to our latest work flow with the addition of 1 new worker within the Springfield's office for technical support" mentioned Derron Winfrey, Gopher's COO. "The UGO platform, which used third events for processing transactions, will now use the ECS platform decreasing ACH transaction charges from $0.14 to $0.02, which is expected to enhance our earnings margins" added Kevin Pickard, Gopher's CFO.

As a reminder on March 16, 2018, Gopher entered into and closed an Asset buy agreement dated March 1, 2018 (the "ECS buy agreement") with ECS prepaid LLC ("ECS"), a Missouri restrained legal responsibility business, pursuant to which the enterprise purchased certain property from ECS, including, but not constrained to, the processing prepaid platform, servers, POS terminals, consumer list, a processing utility program and goodwill - https://www.sec.gov/Archives/edgar/records/1471781/000161577418004520/s110476_8ka.htm

As required through legislation, the business filed two years audited financials of referred to Platform - https://www.sec.gov/Archives/edgar/facts/1471781/000161577418004520/s110476_ex99-1.htm in addition to pro-Forma consolidated financials - https://www.sec.gov/Archives/edgar/facts/1471781/000161577418004520/s110476_ex99-2.htm

About ECS pay as you go LLC.

fashioned in 2008, ECS pay as you go LLC. ( www.ecsprepaid.com ) become begun and fueled by means of the need to create a prepaid instant distribution model constructed to cater to unbiased sales companies servicing the gasoline station, comfort save market. ECS prepaid is a two time "INC 500 quickest transforming into agencies" within the US, with a excessive ranking of 64th.

beginning with simply a few hundred direct retail places, ECS pay as you go at once grew its consumer base through presenting one of the most complete terminal answer accessible. nowadays ECS pay as you go supports over one hundred unbiased brokers whereas powering roughly 9,000 retail locations across the USA.

The ECS pay as you go application platform gives the skill to bring a number of features to even the smallest retailer. items at the moment available encompass: pay as you go instant, SIM Activations, overseas appropriate Up, private Label present playing cards, digital determine Processing, consumer Loyalty and Rewards classes.

About Gopher Protocol Inc.

Gopher Protocol Inc. (GOPH) ("Gopher") ( http://gopherprotocol.com/ ) is a development-stage business which accept as true with itself Native IoT creator, developing web of things (IoT) and artificial Intelligence enabled mobile expertise. Gopher has a portfolio of highbrow Property that when commercialized will encompass sensible microchips, cell software utility and helping cloud application. The system contemplates the advent of a world community. The core of the system could be its advanced microchip expertise that will also be installed in any cellular machine international. Gopher envisions this system as an inner, inner most network between all enabled cellular devices offering shared processing, superior cell database management/sharing and more desirable cell features.

company web site: http://gopherprotocol.com

Press web page/ press equipment - http://gopherprotocol.com/?page_id=228

buyer and product website for Guardian Patch: http://www.guardianpatch.com/ .

About Guardian Pet Tracker http://www.guardianpettracker.com/

The Guardian Pet Tracker (Sphere internal name - the "Sphere") equipment is a spinoff technology of Gopher's Guardian Patch technology. The Sphere is designed to supply its clients with native tracking capability the usage of a re-chargeable/replaceable battery source. Gopher intends to unlock pre-production contraptions in confined check within the near future.

GOPH disclosure: greater data: SEC hyperlink /technology summary:

forward-searching Statements

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Contact:

Gopher Protocol Inc.Kevin Pickard, CFOVM simplest 888-685-7336

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