Perpetual Industries (OTC: PRPI)
, an incubator for the development of new and innovative energy-efficient technologies, recently completed its acquisition of the AutoGrafic Software System. This acquisition, along with an earlier acquisition of Worldwide Auctioneers, was undertaken to create a synergistic offering for auto collectors, enthusiasts, restorers and lovers. PRPI’s strategic plan includes the addition of much-needed technology and innovation to the collector car industry. AutoGrafic is a software as a service (“SaaS”) and social application featuring cutting-edge technology that offers a suite of tools ideally suited to the complex and robust collector car world. The announcement noted that PRPI is bringing Worldwide Auctioneers and the AutoGrafic Software System together to provide auto collectors, enthusiasts, restorers and lovers with a more interactive and connected experience. “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 in the press release. “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.”
To view the full press release, visit https://ibn.fm/EYas7
About Perpetual Industries Inc.
Incorporated in Nevada and based in Auburn, Indiana, Perpetual Industries is an incubator for the development of new and innovative energy-efficient technologies. The company’s mission is to “perpetuate industry” by bringing value-added technologies to market. At PRPI’s core is a proprietary technology known as the XYO Mechanical Balancing Technology, designed specifically to dynamically eliminate vibration in rotating equipment to create energy-efficient, environmentally responsible products. The company is expanding its expertise and knowledge of energy-efficient technology by developing low-cost, green energy-powered solutions for a variety of industries including renewable energy, blockchain mining, artificial intelligence, graphic rendering, internet of things (“IoT”) and cloud computing, while continuing its research, development and commercialization of the XYO Technology in key applications. For more information about the company, please visit www.PerpetualIndustries.com
NOTE TO INVESTORS:
The latest news and updates relating to PRPI are available in the company’s newsroom at https://ibn.fm/PRPI
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