Cannassist International Corp. Enters into Technology License Agreement with Phitech Management, LLC to Use, Market, Promote and Distribute Certain Technology Related to Electronic Sports Gaming, Related Patent Applications
July 28, 2021 at 06:09 pm
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Effective as of July 23, 2021, CannAssist International Corp. (the “Company”) entered into a Technology License Agreement with Phitech Management, LLC, an entity controlled by Jonathan Sweetser (“Licensor”), whereby, at Closing, the Licensor shall grant to the Company an exclusive worldwide license (the “License”) to use, market, promote and distribute certain technology related to Electronic Sports Gaming, related patent applications, related trade-secrets and associated knowhow, including methods, techniques, specifications, procedures, information, systems, knowledge and business processes required to practice and carry on business in the field of data collection, security and management (the “Technology”). The initial term of the License is 10-years (the “Initial Term”) and shall automatically be renewed for successive 1-year terms (each, a “Renewal Term”) unless the Company elects to terminate the License by giving 30 days’ written notice prior to commencement of a Renewal Term.
Electronic Servitor Publication Network, Inc. is a digital engagement company providing growth for B2B companies through its digital activation and engagement solutions for multiple verticals. The Companyâs managed service product is developed through a tech stack, the Digital Engagement Engine. The Companyâs technology provides intelligent interaction management, dynamic content provisioning, and a logic-driven workflow that creates relevant digital experiences that accelerate an audience from awareness to action. It provides business-to-business (B2B) companies with a fully managed service designed to expand their digital presence and to create connections with their target audiences. The managed service also provides companies with opportunities to reduce or redeploy personnel.
Cannassist International Corp. Enters into Technology License Agreement with Phitech Management, LLC to Use, Market, Promote and Distribute Certain Technology Related to Electronic Sports Gaming, Related Patent Applications