Cytta Corp. (OTC:CYCA) Stock On The Radar After Strategic Partnership with Zigron
If you are currently looking into innovative companies to track, then it may well be a good move to take a closer look into Cytta Corp. (OTC:CYCA), a leading player in the video compression solutions and advanced communications technology spaces. This past Friday, the company announced that it had entered into a strategic partnership with world-class developer Zigron Inc., which is best known for scaling up tech products so as to facilitate commercial releases.
As per the provisions of the new agreement between the two parties, there had also been a formal agreement by way of which there would be collaboration for future product acquisition development. It was also revealed in the news release that Cytta Corp. and Zigron were also in discussions with regards to collaborations on a number of existing synergistic security and safety technologies that had been developed by both parties.
The Chief Executive Officer of the company, Gary Campbell, spoke about the development as well. He noted that the transition to the commercial release stage from the product development stage would be a significant moment for Cytta Corp. He observed that the considerable development skills offered by Zigron were exactly what the company needed in order to provide the market with world-class products.
He went on to add that the partnership also marked a significant acceleration in the company’s growth stage and further amplification of its potential to innovate. In this context, it ought to be noted that Zigron’s experience in the tech development sector stretches to more than 15 years. It also boasts an impressive line-up of projects as well as client relationships. The company noted in its news release that its commitment to using technology that would empower communities and also boost their safety was further strengthened through the partnership.