Business
JPX Global, Inc. to Merge with VeeMost Technologies, LTD – A Cloud and Cybersecurity Company
JPX Global, Inc. to Merge with VeeMost Technologies, LTD – A Cloud and Cybersecurity Company.
About this update from Jpx Global, Inc.
[{"type":"text","content":"\n Red Bank, NJ, Oct. 29, 2021 (GLOBE NEWSWIRE) -- JPX Global, Inc. (OTC Pink: JPEX) VeeMost Technologies, LTD today executed an agreement in an all-cash transaction, to purchase a majority control of JPX Global, Inc. VeeMost is an innovative cloud/cybersecurity global solutions and digital transformation services provider with locations in the United States, India, and West Africa. VeeMost specializes in architecting, deploying, and managing secure digital solutions and platforms for customers to accelerate and enhance business efficiencies for increased profitability. A name change from JPEX Global, Inc to VeeMost Technologies, Inc will be filed with FINRA. The company will be re-domiciled in Delaware at the conclusion of the transaction as it continues to work towards its goal of up-listing to the OTCQB or other more prestigious exchanges, subject to satisfying all relevant listing qualifications for the exchange. VeeMost is a team of diverse and experienced industry leaders and professionals led by its President and CEO, Mr. Melvin Ejiogu. Melvin holds a bachelor’s degree in Business Administration with specialization in Corporate Finance from the University of Akron, Ohio. He has over 25 years of practical experience in the technology industry and holds several top-level certifications in the I.T industry. He is one of the few individuals who have attained the prestigious Cisco Certified Internetwork Expert (CCIE) certification. Melvin has been engaged part time at VeeMost for the last 10 years while gradually but steadily building a solid foundation for the company and acquiring requisite industry experiences needed to build a sustainable growth at VeeMost. Many successes have been recorded by organizations due to the application of his IT acumen, sound business practice and the ability to build relationships and gain the trust of colleagues and partners at all levels over the decades. His partnership with Fit Technologies in Cleveland Ohio is one of many such cases. At Fit Technologies, Melvin served as both the Director of Business Development and as the Director of Technology Engineering, and he was instrumental to the growing of the company’s annual revenue from $8M to $28M in just a few years. Melvin also contracted with AT&T Labs, where he served as a Lead Principal Architect & Designer, leading a...