Valmie (VMRI) Reports Significant Progress This Year and Reveals Initiatives for the Months Ahead
By Business Wire News
By Business Wire News
Valmie Resources Inc. (OTCBB:VMRI) today reported significant progress during the first six months of 2016 and revealed exciting planned initiatives for the months ahead.
Valmie is an emerging high tech solutions company focusing on the rapid commercialization of leading edge unmanned aerial system (UAS) technologies and solutions. The company announced in February that it secured a sought-after 333 Exemption to commercially operate unmanned aerial vehicles (UAV’s). The company is currently in talks with a quality assurance company for performing flare stack inspections using Valmie’s authorized UAV’s.
As part of its aggressive expansion campaign this year, Valmie entered into a partnership with AeroLift eXpress. AeroLift is an elite unmanned transportation service that focuses on the offshore sector and uses military grade vehicles and systems. Following a highly successful debut in May at the Offshore Technology Conference (OTC) in Houston, the two companies began building momentum by introducing their groundbreaking unmanned delivery platform to the offshore community.
One of the projects under consideration is collaboration with an international contractor that supports major providers throughout Latin America. Following an extended meeting at OTC, the contractor’s president invited AeroLift to Brazil to discuss adding AeroLift to its portfolio to aid in the performance of a contract with a major oil and gas client.
Valmie and AeroLift are also in talks with a Lagos-based company to perform pipeline surveillance and inspections.
Following a number of successful meetings with numerous U.S. offshore operations companies, AeroLift has begun the process of obtaining Federal Aviation Administration permission to hold a live demonstration at a safe site for these and other companies.
This month, the CEO of AeroLift, James Stafford, travelled to Arizona where he met with the company’s drone hardware manufacturer to discuss the delivery timetable and the process for scheduling an initial order.
“We are extremely proud of our accomplishments so far this year and confident that Valmie will continue the momentum in the months ahead,” said Gerald B. Hammack, President and CEO of Valmie Resources. “We are particularly enthusiastic about events taking place in August and invite shareholders and the public to stay connected for a lot of exciting news!”
In August, AeroLift will join other influentials as a speaker at this year’s Hurricanes, Major Disasters, Coastal Protection, and Rapid Recovery Conference at the University of Houston.
Strategic partnerships have played an important role in Valmie’s growth objectives, and Vertitek, another Valmie acquisition, is poised to become a frontrunner in one of sport’s newest and most exciting fields, drone racing. Vertitek recently established a new division, Vertitek Racing, which specializes in fabricating and selling racing frames for the competitive drone racing industry.
About Valmie Resources (OTCBB: VMRI)
Valmie Resources is a U.S. company actively pursuing opportunities for the commercialization of leading edge products and services in the rapidly expanding technology industry. Valmie seeks concepts with valid business models positioned to make a significant impact within the four key “megasectors” of technology: software, hardware, networking and semiconductors. Valmie brings operating talent, tools and leadership to emerging companies in these sectors, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.
For further information visit http://valmie.com
Certain information provided in this press release constitutes forward-looking statements. The words “anticipate”, “expect”, “project”, “estimate”, “forecast” and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
Valmie Resources, Inc.
Gerald B. Hammack, 713-595-6675
President and CEO