Business
Perpetual Industries Outlines Unique Offering Planned for the Car Collection Community – Strengthening Its Portfolio by Including Worldwide Auctioneers and AutoGrafic Software System Designed to Provide Auto Collectors, Enthusiasts, Restorers and Lo
Perpetual Industries Outlines Unique Offering Planned for the Car Collection Community – Strengthening Its Portfolio by Including Worldwide Auctioneers and AutoGrafic Software System Designed to Provide Auto Collectors, Enthusiasts, Restorers and Lo.
About this update from Perpetual Industries Inc.
[{"type":"text","content":"\n PRPI completes two acquisitions to create synergistic offering for auto collectors, enthusiasts, restorers and lovers.Plan brings much-needed technology, innovation to collector car industry.AutoGrafic offers a suite of tools ideally suited to the complex and robust collector car world. AUBURN, Ind., June 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- In a strategic move to strengthen its portfolio, including its recently acquired Worldwide Auctioneers, as well as team leadership, Perpetual Industries Inc. (OTC: PRPI) completed its acquisition of the AutoGrafic Software System earlier this year (https://ibn.fm/PcJiX). PRPI is looking to create a unique offering in the world of collector cars by bringing Worldwide Auctioneers and the AutoGrafic Software System together in a synergistic offering designed to provide auto collectors, enthusiasts, restorers and lovers with a more interactive and connected experience (https://ibn.fm/YzFTj). “This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” said Perpetual Industries CEO Brent Bedford. “It will also greatly benefit Worldwide Auctioneers, our newly acquired wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.” AutoGrafic is a software as a service (SaaS) and social application featuring cutting-edge technology that hosts a wide array of automotive promotion and preservation services and components. The system is specifically designed to attract global collector car enthusiasts who are looking for a novel, multifaceted, interactive automotive experience focused on a visual-based social community, collection management, social events, auctions, insurance, research, preservation and historical documentation. The software system was created by Travis LaVine and Jason Stoller of LaVine Restorations Inc., who envisioned filling a need in the car collector space for a user-friendly software that could be a singular point for the community. Based in Indiana, LaVine Restorations is a global leader in high-end classic car restoration and preservation. “We have worked tirelessly over the past year to develop AutoGrafic as a suite of too...