The #AIEye: Let the Chips Fall Where They May - The Burgeoning Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)

The #AIEye: Let the Chips Fall Where They May - The Burgeoning Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)

Point Roberts WA, Vancouver BC – February 20, 2020  – Investorideas.com (https://www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye, looking at the market for AI Chips and featuring GBT Technologies Inc. (OTCPINK:GTCH).  

Read this article, featuring GTCH in full at

https://www.investorideas.com/news/2020/artificial-intelligence/02201AIEye-GTCH-INTC-QCOM.asp

As artificial intelligence (AI) markets grow and their accompanying applications are reshaping an array of industries, a demand for the chips that increasingly power these applications is growing in tandem. AI chips are integrated circuits designed for performing AI tasks, such as machine learning algorithms, more efficiently. This is attendant on the rise of an ever-increasing multitude of AI applications including computer vision, speech recognition and natural language processing, in use cases as well as R&D. But while the number of companies that produce and design AI chips is and will continue to be necessarily finite, the application and demand for them has no foreseeable limit.

Projections from a Research and Markets report on the global AI chip market put growth from $5.65 billion in 2018 to $83.25 billion by 2027 with a compound annual growth rate (CAGR) of 35 percent in the forecast period.

Danny Rittman, CTO of GBT Technologies Inc. (OTCPINK:GTCH) sheds some light on this market, confirming the seeming inevitability of AI chips becoming ubiquitous and highlighting their particular application in IoT systems.

AI microchips will soon become a commodity within our daily lives. One of the prominent examples is the IoT arena. Today's IoT systems have the capability to make decisions based on received information, without human intervention. These systems typically operate via specific circuitries and algorithms and become major factors in many domains like smart cities, autonomous vehicles, environment and agriculture, smart homes and more. A new class of microchips is now emerging and under urgent demand; AI specific integrated circuits. AI integrated circuits are a new family of chips that are designed to handle neural network and other machine learning algorithms to enable a whole world of possibilities for wide variety of applications, one of them is IoT. Machine learning algorithms, embedded within microchips, provide robust data processing, security, efficient power control and more, in real time. If we take smart system's power management for example, this capability significantly prolongs device's operation time, energy savings, and major operating costs reduction. Another example is vast data processing which opens a whole world of possibilities for military and civil systems like drones, robotics and medical apparatus. The ability of analyzing images, identifying objects and providing a real time response created an increasing demand for IoT automation and for supporting hardware. Especially the high demand for IoT technology started a development race for AI microchips targeted for IoT devices. This emergence of AI based smart hardware, particularly within IoT/Mobile, image processing, security, database management and similar, will be a key trend driving the growth of the AI microchips market.

For its own part, GBT announced in November last year the implementation of its “Avant! AI technology into its Epsilon EDA (Electronic Design Automation) program with the goal of achieving increased reliability for microchips.” Through this, Epsilon ensures that the microchip runs faster with lower power consumption, and it does this by performing a reliability analysis on the microchip and its circuitry during the design phase. Rittman explained:

“If it finds any suspicious areas, it immediately alerts the user as he or she designs the circuit. I would compare it to a spell check. It’s highlighting in red, IC reliability, potential problems, as the designer works. We call it: Reliability-Aware Design Environment. That's the biggest advantage of Epsilon EDA tool. It's a real-time analysis for reliability."

Commenting on the broad application of AI in EDA, Rittman said:

“This will enable IC design houses to work more efficiently with customer budgets, knowing a chip's life span. Using Avant! AI for the IC reliability domain will ensure high reliability and performance ICs which are particularly crucial for areas like aviation, space exploration, military and medicine, where human lives depend on integrated circuits operation."

Elsewhere, SoftBank Group Corp. (TYO:9984) subsidiary, Arm Ltd., a semiconductor technology firm recently announced the launch of an AI chip for small IoT devices. Combining “the Cortex-M55, Arm's most AI-capable Cortex-M processor, and the Ethos-U55, the industry's first microNPU for Cortex-M,” the company aims to proliferate use cases for developers by deploying AI “to billions more devices and people.” Some of these use cases outlined by the company include established products like earbuds, fingerprint unlock, health trackers, predictive maintenance, smart speakers and video doorbells. In part echoing Rittman’s comments mentioned previously, an excerpt from Arm’s Solutions Brief reads:

“As the IoT intersects with artificial intelligence (AI) advancements and the rollout of 5G, more on-device intelligence means that smaller, cost-sensitive devices can be smarter and more capable. They also benefit from greater privacy and reliability due to less reliance on the cloud or internet. By delivering this intelligence on microcontrollers designed securely from the ground up, Arm is reducing silicon and development costs and speeding up time to market for product manufacturers looking to enhance digital signal processing (DSP) and machine learning (ML) capabilities on-device.”

Not dissimilar to what GBT’s Avant! engenders, a comment from Kishore Manghnani, Co-founder and CEO, Shoreline IoT, similarly emphasizes the labour and power-saving benefits of the Arm solution:

"The flexibility, uplift in performance and ease of development that the Arm Cortex-M55 and Ethos-U55 processors bring will enable Shoreline IoT to deliver solutions with a much longer battery life and more complex, faster and advanced ML algorithms right at the endpoint."

The expansion of AI chips can equally be seen at the highest peaks of the technology world. Chip-manufacturing juggernaut, Intel Corporation (NasdaqGS:INTC) recently acquired Israel-based AI chipmaker Habana Labs for approximately $2 billion. This acquisition was shortly followed by the company’s decision to switch its AI chip focus from Nervana Systems, which it acquired in 2016, to Habana, according to an article from Forbes. According to that same article, written by analyst Karl Freund from tech analysis firm Moor Insights and Strategy, “Customer input helped make the company’s decision to build its AI roadmap based on Habana, bringing in future enhancements from the Nervana NNP architecture and software.” Specifically noted are ‘the advantages of a converged architecture for inference and training,” which Habana brings.

The official announcement for the Habana Labs acquisition noted:

“Intel estimates the total addressable market (TAM) for AI silicon by 2024 will be greater than $25 billion, and within that, AI silicon in the data center is expected to be greater than $10 billion in the same timeframe.”

Then there’s Qualcomm, a company well known for its AI, particularly through its Snapdragon mobile platforms and which previously had a line of CPUs called Centriq that it has since abandoned. In April last year, Qualcomm (NasdaqGS:QCOM) announced the Cloud AI 100 processor family of AI chips “to meet the explosive demand for AI inference processing in the cloud.” According to an article from independent Microsoft IT outlet Redmond, “’Inference processing’ refers to the ability of a trained neural network to infer things from new data inputs in which it was not specifically trained.” Keith Kressin, Senior Vice President, Product Management, Qualcomm Technologies, Inc., explained:

“Our all new Qualcomm Cloud AI 100 accelerator will significantly raise the bar for the AI inference processing relative to any combination of CPUs, GPUs, and/or FPGAs used in today’s data centers. Furthermore, Qualcomm Technologies is now well positioned to support complete cloud-to-edge AI solutions all connected with high-speed and low-latency 5G connectivity.”

Just as there seems to be an ever-growing list of applications that AI can generate, the consequent need for AI chips behind-the-scenes is growing alongside it. And with this increased demand, a panoply of approaches, as demonstrated by the previously mentioned companies, is likely to continue in this new and dynamic market.

GBT Technologies’ Danny Rittman notes:

“The demand for specialized AI chips is under constant growth and the R&D cost to develop these is high. Hi-Tech firms, starting with the leaders, are constantly seeking experienced and knowledgeable AI experts, yet the market's growth is somewhat tapered by the shortage of skilled workforce in this domain. In the upcoming decade, IC design houses will massively invest in efforts to develop AI expertise in order to respond to the increased demand for AI solutions. GBT is one of the companies that is focusing on AI IC technology in order to be among the worldwide pioneers that will enable smart AI microchips for a wide variety of applications, among them are efficient power management, huge data processing, security, intelligent imaging and more.”

Sam Mowers, Investorideas.com

Read and hear other editions of the AI  Eye

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Investors are Cleaning up Betting on #Cleantech #Stocks – (OTCQB: $SING) (NASDAQ: $ENPH) (NASDAQ: $SEDG) (NASDAQ: $TSLA)

Investors are Cleaning up Betting on #Cleantech #Stocks – (OTCQB: $SING) (NASDAQ: $ENPH) (NASDAQ: $SEDG) (NASDAQ: $TSLA)

Point Roberts WA, Delta, BC – February 20, 2020 - Investorideas.com, a leading investor news resource covering Cleantech stocks and Renewableenergystocks.com release a special report on the continued growth and success of the clean energy/technology sector over the last year and how investors are winning by going green.

Read this article featuring SING in full at https://www.investorideas.com/news/2020/renewable-energy/02201Investors-CleantechStocks.asp

A recent Bloomberg article on how Cleantech stocks are paying out mentioned, “not since 2013 has there been a year when the S&P 500 Index and Russell 3000 gained 31%. Yet this exceptional result didn’t come close to the performance of the clean companies, with their combined total return (income plus appreciation) of 40%. Together they were worth $946 billion last year, more than triple their market capitalization at the end of 2010. Whether the investment period is 2, 5 or 10 years, the return is superior by margins of 12%, 37% and 112% for clean companies.”

The article continued, “Utilities, energy and technology are the most prominent industries among the 92 companies meeting the BNEF criteria. The 19 energy firms in the group produced a 106% total return, 15 times the 7% gain by the overall energy-stock benchmark, the Russell 3000 energy sector. The nine technology companies among the 92 returned 70% when the Russell 3000 technology sector appreciated 46%, and the 16 BNEF-designated utilities earned 34% when the comparable Russell group advanced 26%, according to data compiled by Bloomberg.”

Betting on solar with its acquisition in the sector, SinglePoint Inc. (OTCQB: SING) recently released its preliminary (unaudited) annual results achieving over $3,300,000 in revenue. SinglePoint continues to show positive progress with annual revenue traction delivering increased revenue in the triple digits, 190% increase from 2018 to 2019. $2,000,000 in annual revenue was directly derived from Direct Solar of America, in approximately six months of operations.  Annualizing these results would have delivered over $5,000,000 in 2019 revenue. The 2020’s are positioned to be the decade of solar, and with SinglePoint’s acquisition of Direct Solar of America and its emerging business units, SinglePoint anticipates significant and sustained growth through the decade.

From the recent news: “Direct Solar America, at the time of acquisition by SinglePoint, was almost solely focused on expanding its national footprint by expanding into additional states with its unique and scalable residential solar brokerage model. The residential solar segment delivered nearly all the revenues and ended the year as a profitable business unit.  The residential solar business unit will continue to expand into new markets, adding incremental revenue, while continuing to cultivate and close additional revenue opportunities in established markets. New market expansion and increased efficiencies should deliver continued revenue growth and the Direct Solar of America residential business unit is targeting an annual revenue range of $7-$10M for 2020.

Throughout the year, Direct Solar America identified additional high-caliber revenue opportunities in underserved markets within the domestic solar market.  The company created commercial and capital business units committing internal capital and resources, along with forging relationships with industry and strategic segment specific business partners to address these opportunities. Direct Solar America, directly and through its partnerships have engaged and made proposals to multiple schools and commercial type projects throughout the United States on the benefits of going solar. Many of these projects are in the review stage and would result in significant revenue and profitability that is purely incremental and accretive to the existing projections for the residential solar division.

According to SEIA, “The U.S. installed 2.6 gigawatts (GW) of solar PV capacity in Q3 2019 to reach 71.3 GW of total installed capacity, enough to power 13.5 million American homes. Residential solar saw its best quarter in history in Q3, and the utility-scale solar pipeline now stands at a record 45.5 GW in Q2. Total installed U.S. PV capacity is expected to more than double over the next five years.” The press release goes on to say, “The increase in residential installations helped the U.S. solar market grow 45% year-over-year and contributed to 15 states having their best quarter ever for residential solar.”

Solar is growing in the investing world; many large players are continuing to increase shareholder value. Invesco Solar ETF (TAN) ran up 51% in just one year, becoming 2019’s best-performing ETF. Many others have jumped in as well such as Warren Buffett investing in one of the largest solar projects to date and Goldman Sachs launch a fund with approximately $4,000,000,000 in available capital. These are just a few selections that showcase the strength of solar and renewable options in the market.

“I am confident that our business units will continue to grow which translates to SinglePoint being in a better position than we have ever been. We believe the successful operating results in 2019 will continue into 2020 driving our value past historical values to new heights,” states Greg Lambrecht, CEO.  “In my opinion, it’s never been a better time to be a shareholder of SinglePoint; we have growing business units in thriving sectors, we have recently become a fully reporting public company and are committed to continuing to enhance shareholder liquidity by uplisting to the appropriate exchange that allows investors to confidently invest in the company due to its trading volume.”

Recent earnings reports have sent other solar stocks on the run. Invesco Solar ETF (NYSEMKT:TAN) had gains of over 22% year to date as  of February 18^th and based on some of its holdings, Enphase Energy, Inc. and SolarEdge Technologies, Inc.  reported earnings, that number will rise.

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, also announced their financial results for the fourth quarter of 2019, which included the summary below from its President and CEO, Badri Kothandaraman.

Highlights for the fourth quarter of 2019 included:

●      Revenue of $210.0 million, including approximately $36.4 million of safe harbor revenue

●      Cash flow from operations of $102.3 million; ending cash balance of $296.1 million, including restricted cash

●      GAAP gross margin of 37.1%; non-GAAP gross margin of 37.3%

●      GAAP operating expenses of $33.4 million; non-GAAP operating expenses of $26.1 million

●      GAAP operating income of $44.4 million; non-GAAP operating income of $52.3 million

●      GAAP net income of $116.7 million, including an income tax benefit of $72.2 million; non-GAAP net income of $52.0 million

●      GAAP diluted EPS of $0.88, including an income tax benefit of $0.54; non-GAAP diluted EPS of $0.39

“Our fourth quarter revenue was $210.0 million, including approximately $36.4 million of safe harbor revenue. We shipped approximately 677 megawatts DC, or 2,112,725 microinverters. Fourth quarter revenue increased 17% sequentially and 128% year-over year. Product innovation and customer experience remain the cornerstones of our growth strategy. We achieved volume shipments of IQ 7A™, our highest power microinverter, during the fourth quarter as our customers continued to seek module-level power electronics optimal for high-efficiency solar modules.”

“We are exited the fourth quarter with $296.1 million in cash, including restricted cash, and generated $102.3 million in cash flow from operations. The restricted cash is related to the first quarter of 2020 safe harbor deliveries and is expected to become unrestricted at the end of April 2020. Inventory was $32.1 million at the end of the fourth quarter of 2019, compared to $30.2 million at the end of the third quarter of 2019, and $16.3 million at the end of the fourth quarter of 2018.”

“For the full year 2019, revenue was $624.3 million, compared to $316.2 million in 2018. We generated $139.1 million of cash flow from operations in 2019, compared to $16.1 million in 2018. GAAP net income was $161.1 million, resulting in diluted earnings per share of $1.23. Non-GAAP net income was $124.2 million, resulting in diluted earnings per share of $0.95. We are pleased to report that 2019 was the first full year of GAAP profitability in Enphase’s history,” concluded President and CEO, Badri Kothandaraman.

These positive financials are also aiding the growth of the solar/clean energy sector as examples like SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy, announced that its award-winning single phase inverter with HD-Wave technology received JET certification (Japan Electrical Safety and Environment Technology Laboratory). Specifically designed to comply with Japanese market requirements, the inverter is now available for low-voltage commercial and residential PV installations. The JET certification extends for five years and covers the new anti-islanding function requirements for multiple inverters and reactive power oscillation suppression.

With a long-term commitment to the Japanese market, SolarEdge has opened a technical and testing center in Yokohama that evaluates the grid protection function of SolarEdge inverters according to JEC9701 and JET certification test methods.

SolarEdge’s JET certified 5.5kW single phase inverter with HD-Wave technology has increased power density, record-breaking 99% weighted efficiency, and a competitively small size and weight, at only 12.3kg. The inverter has a 0.95 power factor, supports up to 200% oversizing for increased production, and features SolarEdge’s built-in SafeDC™ for enhanced safety.

"SolarEdge is dedicated to growing our footprint in the Japanese PV market and we aim to support the country in its local transition to solar energy by introducing innovative and safe PV solutions. As part of this effort, we are pleased to offer our JET-certified inverter with HD-Wave technology to the PV market in Japan," stated Daniel Huber, SolarEdge’s Vice President and General Manager of Japan and Australia. "The opening of a new technical evaluation center will further this effort by enabling us to more quickly bring new solutions to market."

SolarEdge Technologies, Inc. (NASDAQ: SEDG) reported earnings on the close yesterday. Just prior to the earning news , analysts at Cascend Securities raised the price target by 17% .

Fourth Quarter 2019 Highlights included : Record revenues of $418.2 million

Record revenues from solar products of $389.0 million

GAAP gross margin of 34.3%

GAAP gross margin from sale of solar products of 37.3%

Non-GAAP gross margin from sale of solar products of 37.8%

Record GAAP net income of $52.8 million

Record Non-GAAP net income of $87.4 million

Record GAAP net diluted earnings per share (“EPS”) of $1.03

Record Non-GAAP net diluted EPS of $1.65

1.6 Gigawatts (AC) of inverters shipped

One of the darlings of Cleantech stocks, Tesla Inc. (NASDAQ: TSLA) also recently released their Q4 Financial Results, showing similarly that 2019 was a turning point for the company. The company demonstrated strong organic demand for Model 3, returned to GAAP profitability in 2H19 and generated $1.1B of free cash flow for the year.

From their recent financial results press release, “In 2019, our revenue growth was positively impacted by a strong increase in vehicle deliveries. Revenue growth was offset by higher lease mix*, Model 3 becoming a larger part of our mix, introduction of the Standard Range trims of Model 3, and adjustments to vehicle pricing. These changes have resulted in a reduction to the average selling price (ASP) relative to 2018. We do not expect ASP to change significantly in the near term, which means volume growth and revenue growth should correlate more closely this year.”

“We are positioned to accelerate our revenue growth further through increasing build rates in Gigafactory Shanghai and our Model Y production line in Fremont. These production increases will allow for higher total vehicle deliveries and associated revenue.”

“GAAP gross profit of $4.1B remained essentially flat in 2019 compared to 2018. Volume growth and successful cost reduction efforts were offset by normalization of ASP, mix shift towards Model 3 and a higher lease mix.”

Some of the operational and financial highlights included: $930M increase in their cash and cash equivalents in Q4 to $6.3B; $1.0B operating cash flow less capex ("free cash flow") in Q4; Profitability $359M GAAP operating income; 4.9% operating margin in Q4

$105M GAAP net income; $386M non-GAAP net income (ex-SBC) in Q4; Record vehicle deliveries of 112,095 in Q4 and Record Q4 storage deployment of 530 MWh; 26% solar growth.

This was followed shortly by Morgan Stanley raising its “bull case” scenario for Tesla shares to $1,200 a share from $650 a share. Tesla shares have more than tripled in the past six months and Morgan Stanley’s most optimistic scenario could mean that rally continues, with shares climbing another 50% from its current level near $800 a share.

With Cleantech stocks on a steady rise, there are signs of renewed investor interest in the sector, especially with examples like Amazon CEO Jeff Bezos, who is the richest person in the world, who recently announced in an Instagram post that he was donating $10 billion to combat climate change in a new initiative called the Bezos Earth Fund.

“Today, I’m thrilled to announce I am launching the Bezos Earth Fund,” the Amazon Chief Executive wrote in his announcement post, while also committing $10 billion to start. Bezos said he will begin issuing grants this summer, and that the new global initiative will make charitable donations funding “scientists, activists, NGOs—any effort that offers a real possibility to help preserve and protect the natural world.”

With all this momentum only showing signs of increasing over 2020, it is clear that this year that it can pay to bet on Cleantech.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

Disclaimer/Disclosure: Investorideas.com. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring SING is a paid for news release on Investorideas.com – (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Breaking #Tech/ 5G #Stock News - iQSTEL, Inc. (OTC: $IQST) has been Invited for an Exclusive Interview at NASDAQ Marketsite in Times Square; @IQstel

Breaking #Tech/ 5G #Stock News - iQSTEL, Inc. (OTC: $IQST) has been Invited for an Exclusive Interview at NASDAQ Marketsite in Times Square; @IQstel

NEW YORK, NY  - February 20, 2020 (Investorideas.com Newswire ) Breaking Tech /5G Stock News - iQSTEL Inc. (OTC: IQST),  a technology company offering a wide array of services, including 5G, to the Telecommunications Industry, is delighted to let shareholders know about an invitation the Company received for an exclusive interview at the NASDAQ Marketsite in Times Square, New York on Wednesday, March 25^th, 2020.

Read this news featuring IQST in full at https://www.investorideas.com/news/2020/technology/02201OTCIQST-ExclusiveInterview-NASDAQ.asp

“Our diligent work in the 5G and general Telecom marketplaces is paying off with record revenues, strong growth, and completion of acquisitions. As detailed in our most recent press release, our business plan is unfolding rapidly, building excitement throughout the Company as we see record revenues and growth for 2020,“ commented Mr. Iglesias, the Company’s CEO.

Some of the main topics Mr. Iglesias, iQSTEL Inc.’s (OTC: IQST) CEO, will be discussing include:

-Company history
-Corporate structure (Parent and subsidiaries)
-Record revenues
-Completed and forthcoming acquisitions
-Projected 2020 earnings
-Financial audits and up-listing to a higher exchange

During the NASDAQ Marketsite interview, iQSTEL Inc.’s (OTC: IQST) CEO plans to discuss the requirements the Company has already met for an uplist to a higher exchange.

“The synergy we are developing between our parent company and subsidiaries is already proving to be a win-win all around. It has only been a few months since the completion of the SwissLink acquisition and we are already seeing additional revenue generating results from cross-selling and expanded business relationships,” wrapped up Mr. Iglesias.

Share structure as of Feb 19^th, 2020:

Outstanding shares: 22,872,219
Float shares: 8,422,951

About iQSTEL Inc.:

iQSTEL (OTC: IQST) www.iQSTEL.com is a technology company offering a wide array of services to the Telecommunications Industry. These include services to International Long-Distance Telecommunications Operators (ILD Wholesale), Retail and Corporate markets (ILD Retail), Submarine Fiber Optic Network capacity, Satellite Communications services, Mobile Virtual Network Operator (MVNO) services, Internet of Things (IoT) technology solutions, Data Center facilities capacity leasing, and Blockchain solutions for the Telecommunications industry.

About Etelix.com USA, LLC:

Etelix.com USA LLC www.etelix.com is wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

About SwissLink Carrier AG:

SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

About QGlobal SMS LLC.:

QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in Europe, USA and Latin America. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

Source: iQSTEL Inc.

www.iqstel.com ; www.swisslink-carrier.com and www.etelix.com

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