Business
AppSwarm Announces Agreement with Renavotio, Inc. (OTCQB:RIII) for Infrastructure and Smart City Development
AppSwarm Announces Agreement with Renavotio, Inc. (OTCQB:RIII) for Infrastructure and Smart City Development.
About this update from Appswarm, Inc.
[{"type":"text","content":"\n Tulsa, OK, Nov. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces a memorandum of understanding (MOU) with Renavotio, Inc. (OTCQB: RIII), an infrastructure investment company focused on opportunities, including 5G, ISP, utility construction and management. AppSwarm announces its binding memorandum of understanding with Renavotio, Inc. to explore collaborations focused on new opportunities, including 5G, ISP, utility construction, smart city development, Internet of Things (IoT), drone technology, blockchain utilization, and aerospace related industries.  Founded in 1962, Utility Management and Construction, LLC (UMCCO), a wholly owned subsidiary of Renavotio, Inc., is an engineering and smart utility management company that provides a one-stop solution to rural communities to reduce the consumption of electricity, data, natural gas, and water utilities for commercial, industrial and municipal end users. UMCCO incorporates Subsurface Utility Engineering (SUE) that is used to map and maintain underground utility infrastructure, and Telecom engineering services and 5G installation. Christopher Bailey, the CEO of AppSwarm, Corp. commented, \"We are very excited to announce Renavotio as one of our new partners at TulsaLabs. Their years of experience in infrastructure design, maintenance, and construction within Tulsa and surrounding regions makes them a perfect partner in finding creative ways to help build out next generation solutions for cities and underserved rural areas.” For updates on this project please register at https://tulsalabs.io/investors/ About Renavotio, Inc. Renavotio, Inc. (OTCQB: RIII) an infrastructure investment company focused on opportunities, including medical protective equipment, 5G, ISP, utility construction, utility management, the internet of all things, “(IoT”), water, waste management technology, and related industries. The Company’s wholly owned subsidiary, Renavotio Infratech, Inc. (“RII”), includes business and acquisition strategies concentrating on medical protective equipment and infrastructure with utility construction and consulting/operational agreements with small towns or county CO-OPS that operate their own water and...