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TORONTO, Ontario, Nov. 12, 2024 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces that it has entered into an agreement to acquire Ecker Capital LLC, the holding company for warehouse management software companies InterlinkONE Inc. and Interactive Systems Inc., from ZenaTech's affiliated company Ameritek Ventures Inc. (OTC: ATVK). The acquisition of these two software companies will provide important functionality for integration with its ZenaDrone IQ Nano AI drone solution, enabling autonomous inventory management for warehouse and logistics customers. This transaction also further expands ZenaTech's portfolio of SaaS software solutions and customer base and is expected to add to recurring revenues. Combined operating income for the acquired companies were $354K on revenue of $678K for the first nine months of 2024, and $386K on revenue of $949K for FY 2023. The acquisition is subject to any shareholder and regulatory approvals that may be required.
CHICAGO, IL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Ameritek Ventures, Inc. (OTC: ATVK), an emerging provider of robotic technology, artificial intelligence software, machine learning processes and blockchain cloud software for businesses and governments, announced today that it has filed a patent for its Robotic Arm Technology.