SinglePoint Inc. (SING) Subsidiary ShieldSaver Drives Value to Shareholders with Proprietary Technology in Automotive Sector

April 15, 2019 10:23:14
  • Data gathered through ShieldSaver’s proprietary license-plate recognition technology is applicable for repairs, maintenance, insurance, purchasing, parts and more
  • New ShieldSaver app allows consumers to connect, source and schedule windshield repairs quickly and at reduced cost
  • The automotive glass industry was estimated at $12 billion in 2017; it’s expected to grow at a CAGR of 7 percent until 2024

SinglePoint Inc. (OTCQB: SING) continues to bolster its reputation as a diversified tech holding company with operations in multiple industries and verticals with astute acquisitions and investments. Subsidiary ShieldSaver, acquired in 2018, opens SinglePoint’s portfolio to the multibillion-dollar automotive repair and maintenance industry (http://nnw.fm/FsE7c). The significance of ShieldSaver’s proprietary license-plate recognition technology, which gathers data on both cars and consumers, is considerable, since the data has value far beyond the obvious, as a NetworkNewsAudio publication explains (http://nnw.fm/OvBl8).

The most apparent use is to identify when repairs are needed and then approach car owners about getting the work done, but the data also has value to other stakeholders…

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NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

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