Bravatek Updates on Significant License Vehicle Development Progress for Alliance Partners

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AUSTIN, Texas, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bravatek Solutions, Inc. BVTK ("Bravatek" or the "Company") announced that significant progress has been made to assist our Alliance partners under Bravatek's LVD (License Vehicle Development) model.

The LVD is a three-step process: Pre-Development, Product Development and Development of the Business Model. In the Pre-Development phase, Bravatek often uses its experience and expertise to introduce the Partner to financing partners through our network of investment bankers and financial partners. Bravatek has assisted Emmet Harvest, RMA Armament, Inc. and Attacktica, Inc. to date and has more potential partners in process.

Our strategic alliance agreements now outline a referral-only fee structure in which Bravatek receives a 5% finder's fee for any investment into an alliance partner company. If successful, the total referral fees just for three of our partners mentioned above would be $2.55 million, which using a conservation ten (10) percent pre-tax Operating Income, would equate to $25.5 Million in Revenue.

Our process is well underway, with potential investors looking at the financial, technology and management of our Alliance Partners. In addition, Bravatek is entitled to sales commissions for products or services we sell for these Partners—increasing again the cash flow of Bravatek.  

About Bravatek Solutions, Inc.

Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically advanced, cost-effective and reliable software, tools and systems.

For more information, visit https://bravatek.com

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully develop and market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Media contact:
Bravatek Solutions, Inc.
info@bravatek.com
1.866.490.8590

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Posted In: Press Releases
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