Mr. Zen
2 years ago
April 13, 2022 (GLOBE NEWSWIRE) -- Capstone Technologies Group, Inc (OTC: CATG) a company that acquires, operates and organically develops disruptive technologies, today provided an update with respect to its minority interest in data technology and media company, DrivenIQ.
Black Book has announced the integration of its VIN-specific valuation and VIN Decoding data into DrivenIQ’s new DriveBid™ platform.
DriveBid, the first consumer-driven Live Trade-in Marketplace, helps dealers sell more cars while sourcing valuable inventory direct from the consumer. At NADA, DriveBid signed over 250 dealers onto their new platform.
“Integrating Black Book’s data into DrivenIQ’s DriveBid platform provides dealers with the data they need to increase their revenue and maximize their profit,” said Jared Kalfus, President of Black Book. “Dealers will have up-to-date, precise data so that they can more competitively bid for new inventory, make more desirable trade offers and sell more vehicles.”
The DriveBid marketplace allows consumers to place their vehicle into a virtual garage and receive Black Book’s trade-in valuation or valuation range for their vehicle. Dealers can then bid on the vehicle or make a purchase offer. At the same time, dealers can display their inventory and enable it to be shopped by consumers.
“It was great to be back to in-person events, and we’re thrilled with the success that we saw in Las Vegas at NADA, our industry’s largest convention,” said Albert Thompson, CEO of DrivenIQ. “DriveBid connects dealers who need inventory with consumers who are looking for the best offer for their vehicle in a real-time, easy-to-use online platform. DriveBid empowers consumers to watch live bidding and simultaneously communicate with dealers to ask and answer questions, as well as to explore inventory for their next vehicle purchase. Black Book’s data allows us to create transparency in the trade-in and vehicle purchasing process that until now, has never existed.”
DrivenIQ is a data-driven intelligence technology firm. Late last year, Capstone Technologies Group, Inc (OTC: CATG), a company that acquires, operates and organically develops disruptive technologies, acquired an initial minority interest in DrivenIQ and has invested additional capital to further accelerate the company’s growth.
To register or for more information, visit DriveBid.
About Black Book
Black Book® is a leading provider of automotive vehicle pricing and analytical services that are delivered to industry-qualified users through mobile, online and Data as a Service applications. Since 1955 Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a Hearst company, and maintains offices in Georgia as well as Toronto, where Canadian Black Book is based. For more information, please visit BlackBook.com or call 800.554.1026
About DrivenIQ and DriveBid
DrivenIQ is an omni-data ad tech company that specializes in zero party and 1st party data to help businesses best advertise to their ideal customers. The company offers a variety of services, including website traffic analytics, geo-zoning technologies, text message marketing, social media solutions, and DriveBid™, a live vehicle trade-in marketplace, to help businesses and marketers engage with their existing and prospective customers, Founded by Albert Thompson, a digital advertising expert and former car dealer, DrivenIQ is best known for its automotive industry data solutions, although it helps small, medium, and large businesses across various industries. Visit www.driveniq.com for more information.
About Capstone Technologies Group
Capstone Technologies Group, Inc (CATG) seeks to acquire, operate and organically develop disruptive technologies across several sectors where they have expertise aided by a network of experts and advisors. Capstone Technologies Group also intends to invest through a wholly owned subsidiary Capstone Venture Partners, LLC alongside best-in-class investors or directly in proven founders building companies with technologies that will shape the future.
DrivenIQ Contact
Albert Thompson
President, Co-Founder
albert@driveniq.com
443-370-9143
http://www.driveniq.com/ (New website coming soon)
Thugmuffin
2 years ago
$CATG DrivenIQ Acquires Visitor Data Inc., Now Owns 500+ Million 1st Party Consumer RecordsPress Release | 03/21/2022
CHARLOTTE, N.C., March 21, 2022 (GLOBE NEWSWIRE) -- Capstone Technologies Group, Inc (OTC: CATG) a company that acquires, operates and organically develops disruptive technologies, today provided an update related to its initial minority interest in data technology and media company, DrivenIQ.
DrivenIQ, the experts in data and data technologies to help businesses best advertise to their ideal customers, announced it has acquired Visitor Data Inc. With this acquisition, DrivenIQ now owns more than 500 million 1st Party consumer records, proprietary advertising technology and geo-location targeting capabilities, propelling the company ahead of 95% of marketers that still rely on 3rd Party data.
DrivenIQ purchased Visitor Data Inc. primarily for its double opted-in First-Party Data Pixel Technology, which matches mobile device IDs on any website with corresponding names, emails, phone numbers and street addresses. This acquisition comes at a crucial time as the world trends towards a cookieless future, with major technology companies having recently disabled cookie tracking.
Consider the following statistics.
Nearly 70% of companies have not yet embraced Artificial Intelligence to move past the use of cookies.
Approximately 60% of companies have not yet invested in the future of Zero-Party data or 1st Party data.
“Pixel Technology is essentially caller ID for your website,” said Albert Thompson, founder and CEO of DrivenIQ. “Our future does not rely on 3rd Party cookies, which makes Zero-Party data and 1st Party data paramount for brands, agencies and retailers to reach their ideal customers. This acquisition is yet another example of our commitment to build the most robust 1:1 consumer data enhancement platform, where consumers and brands connect and share information directly with each other, while also building a way for all businesses to build and own their own data audiences.”
DrivenIQ is a company specializing in Zero-Party data, or information that customers intentionally and proactively share with a brand and 1st Party data, or direct customer information that a company collects and owns.
Late last year, Capstone Technologies Group, Inc (OTC: CATG), a firm that operates and organically develops disruptive technologies, acquired an initial minority interest in DrivenIQ. Today, CATG fully financed the acquisition of Visitor Data Inc. to further accelerate DrivenIQ’s growth and broaden its footprint.
“We will always support innovative, solutions-driven companies like DrivenIQ that stay ahead of the technology curve to help businesses and their customers,” said Mike Pruitt, President of Capstone Technologies Group and Founder of Avenel Financial Group. “We’re proud to lend our expertise in technology and partner networks, and to provide the capital DrivenIQ needs to optimize and expand its global operations.”
With the acquisition of Visitor Data Inc., DrivenIQ’s technology stack now includes the following.
Consumer Radar: A service that empowers business owners to reach specific people in specific parameters with precise messaging about the products or services they’re interested in purchasing.
VisitIQ+Nurture: A technology that scrubs website traffic against 27 different data aggregators and over 650 million data points to identify shoppers by name, email, phone number and street address.
Geo-Zoning: A Geo-Location Device Capture technology that enables businesses to pinpoint and geographically target customers anywhere, and deliver personalized shopper ads across all connected devices at the household level.
TextIQ: Automation that enables businesses to capture opted-in, TCPA-compliant device data and deliver customized text message marketing campaigns from a business or service to consumers.
Social Radar: A First-Party Data social media solution, backed by DrivenIQ’s VisitIQ™ technology, that helps businesses curate real-time customers on site and build custom audiences on Facebook and Instagram to drive traffic to online and offline stores.
DriveBid: A first real-time live trade-in marketplace that connects consumers who want the best offer for their existing vehicles with dealers who need to buy and sell pre-owned vehicles and new inventory.
For more information, visit http://www.DrivenIQ.com.
For more information, visit http://www.DriveBid.com.
About DrivenIQ
DrivenIQ is an omni-data ad tech company that specializes in Zero-Party and 1st Party data to help businesses best advertise to their ideal customers. The company offers a variety of services, including website traffic analytics, geo-zoning technologies, text message marketing, social media solutions, and DriveBid™, a live vehicle trade-in marketplace, to help businesses and marketers engage with their existing and prospective customers, Founded by Albert Thompson, a digital advertising expert and former car dealer, DrivenIQ is best known for its automotive industry data solutions, although it helps small, medium, and large businesses across various industries. Visit http://www.driveniq.com for more information.
About Capstone Technologies Group
Capstone Technologies Group, Inc (CATG) seeks to acquire, operate and organically develop disruptive technologies across several sectors where they have expertise aided by a network of experts and advisors. Capstone Technologies Group also intends to invest through a wholly owned subsidiary Capstone Venture Partners, LLC alongside best-in-class investors or directly in proven founders building companies with technologies that will shape the future.
DrivenIQ Contact
Albert Thompson
President, Co-Founder
albert@driveniq.com
443-370-9143
Media Contact:
Jennifer Lange
DrivenIQ / DriveBid
949-460-3408
jlange@getsplashmedia.com
$Pistol Pete$
7 years ago
$CBLY Capstone Technologies Group, Inc Ready to Ride the Growth Wave of the Global Optical Fiber Preform Industry
Source: InvestorsHub NewsWire
IRVINE, CA--(NewMediaWire - Apr 6, 2017) - CAPSTONE TECHNOLOGIES GROUP, INC. (OTC PINK: CBLY), has announced that it is ready to make a move on entering the rapidly expanding market need for Fiber Optic Preforms, through its subsidiary, American Fiber Optics Group, Inc. (AFO) with the new 20 million km optical fiber production facility being created for AFO that will be located in Roanoke, VA.
"With large-scale deployment of gigabit network, global demand for optical fiber and cable grows significantly. Staying at the peak of the pyramid of the optical fibre and cable industry, the optical fibre preform industry witnesses rapid development, with global demand reaching 10,017 tons in 2015, up 21.6% from a year ago, and expected to attain 21,000 tons in 2020."1 The demand in 2015 for 10,017 tons of optical fibre preforms translates to 370 million km of optical fiber. To put this into context, Capstone's entry with its 20 million km optical fiber production facility represents only 5.4% of the market demand and 25% of the expected annual growth. With the advent of Fiber Optics growth driven by the demand for cellphones capable of moving from 4G to 5G, more video and TV downloads, the market is seeing unprecedented expansion. Capstone Technologies Group is in the perfect position to address this need, as our ability to move forward and adapt quickly to changing market demands could not be more apropos for the Fiber Optics Industry.
1http://www.researchandmarkets.com/research/rd2vm3/global_and_china
Capstone COO, Kenneth Mayeaux, is quoted as saying, "Capstone Technology Group was founded on the concept that businesses that go to market with well-founded solutions to acquire existing opportunities will have great success. We will do this by bringing State-of-the-Art Technology to an industry demanding quality and quantity that is showing a tremendous growth curve. We have identified that Technology and are now expanding our team of highly skilled engineers and technicians to build Phase 1 of our production facility that is scheduled to come online in the Summer of 2018, ramping up to a 20 million km annual capacity. Our goal is to provide the best Fiber Optics products available in the market place, partner with Market Leaders and to ride the crest of the Demand Curve."
Capstone Technologies Group, Inc. principals have been following and studying the Optical Fiber marketplace for several years now and have seen a steady and unrelenting need for more and more high quality products. It is with that understanding that it founded its subsidiary, American Fiber Optics Group, Inc. The company is now poised to bring its technology to the USA and to the rest of the world at its new production facility to satisfy the Fiber Optics industry growth in the next decade and beyond.
ABOUT CAPSTONE TECHNOLOGIES GROUP
Capstone Technologies Group is perfectly affixed as the Top Structure of a growing list of visionary technology companies, destined to change the world in which we live by taking up the challenge of making the USA the manufacturing giant it once enjoyed. We believe in the strength and ingenuity of the American manufacturing market and the people that are dedicated to bring the best of new technologies to the marketplace, right here in the place where the manufacturing industry was born. We will take the existing foundation and history of American greatness and integrate that with advances in technology, to bring to worldwide consumers those leading edge products they demand.
Capstone is focused on forward looking entities that have distinguished themselves as leaders in their fields and are looking for investment and leadership to move their vision to fruition. We can bring forth the financial, logistical and outside the box thinking to develop a succinct and streamlined path to market.
Safe Harbor Statement:
This press release may contain forward looking statements and or observations which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties include but not limited to information as contained within the Company's most current quarterly reports, annual reports, and or other such filings as may be accessed through the OTCBB website. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new product lines noting there is no assurance that we will generate enough revenues to offset those costs. Additional product offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the variables as associated with the general business channel we are operating in, the impact of which cannot be predicted at this time including risks as associated with our product and recent FDA pronouncements. Additionally, our 1-A registration statement will generate additional free trading shares to the marketplace at a pre-determined price which may impact our share pricing within the OTC marketplace in a manner that we cannot predict.
CONTACT INFORMATION
Investor Contact:
Capstone Technologies Group, Inc.
Info@capstonetechgrp.com
(888) 676-4138
www.capstonetechgrp.com
StockDog100
7 years ago
Hard to say .. Postive things: Very Positive news, multi million dollar financing and sales and low share count, last known was just over 30,000,000 and the float must be super small, impressive website, nobody sells into the bid much and when they do it is small amounts. Negatives are no updated financials, stop sign status on OTC Markets, no 8K's confirming news (press releases can be anything), no disclosed location of Michigan production facility, no updated name change, no sales data from Afina water division or distributor list, corporate address is a forward mail center, no response to messages.
Basically you have nothing but press releases to go on, but those numbers translate into big gains if they materialize. The ask on this stock has been stuck pretty steady around 45 cents for a long time.
Thanks for posting! Maybe somebody in the know will shed some light on this ticker. GL
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