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Globalive Technology Provides an Update on its Technology Investment Portfolio

Globalive Technology Provides an Update on its Technology Investment Portfolio Can...

articleLive Energy Minerals CorpFebruary 13, 20204/company/live-energy-minerals-corp-formerly-was-gtxgold-tree-resources-ltd-until-2023-02-28/news/globalive-technology-provides-an-update-on-its-technology-investment-portfolio
Globalive Technology Provides an Update on its Technology Investment Portfolio

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[{"type":"text","content":"\n\n\n\nGlobalive Technology Provides an Update on its Technology Investment Portfolio\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 13, 2020\n\n\n\nGlobalive Technology today provided an update on some of the highlights of its investment in a portfolio of technology companies and potential collaborators with an aggregate book value of approximately $12 million. \n TORONTO, Feb. 13, 2020 /CNW/ - Globalive Technology Inc. (TSX-V: LIVE) (the \"Company\"), a technology company based in Toronto, Ontario, today provided an update on some of the highlights of its portfolio of investments in technology companies and potential collaborators (the \"Portfolio Companies\"), which dates back to Q1 2018.  \nThe Company currently has investments in eight Portfolio Companies with a total book value of approximately $12 million. The Portfolio Companies consist primarily of software and technology companies serving the automotive, financial, legal, and municipal government sectors with artificial intelligence, IoT and SaaS platform-enabled solutions and services.  Notable examples include:\nAcorn Biolabs (\"Acorn\"), which provides a cost-effective, non-invasive solution to collecting live genomes for use in regenerative medicine and advanced gene therapies, went live in Q3 2019 and is presently ramping its collection efforts through multiple direct-to-consumer and laboratory channels across Canada. Civic Resources Group International (d/b/a \"CivicConnect\"), a software company that enables municipalities to create their own smart city applications and technology solutions, has won several large contracts through its integration partners in Los Angeles, New York, San Francisco and Seattle.Eigen Innovations, which continues to ramp its industrial artificial intelligence business, helping machines manage large amounts of data and improve their productivity.FutureVault, which launched its digital collaborative vault for managing sensitive information between financial and service professionals and their consumer and corporate clients in mid-2019...

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