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NameSilo Technologies Corp. Reports Successful Subsidiary Sale

NameSilo Technologies Corp. Reports Successful Subsidiary Sale

Significant Sale by NameSilo Technologies Corp.

NameSilo Technologies Corp. (CSE: URL; OTC: URLOF), a leader in innovative technology solutions, proudly announces a remarkable achievement by its subsidiary, SewerVUE Technology Corp. This entity has successfully completed the manufacture and delivery of an advanced multi-sensor pipe inspection float, valued at approximately C$560,000, to a leading multinational environmental services company.

Innovative Technology in Pipe Inspection

SewerVUE Technology Corp. is well-recognized for its cutting-edge technologies in large-diameter pipe inspection. Leveraging tools like pipe-penetrating radar and multisensor inspections, SewerVUE empowers its partners with accurate and comprehensive data. This data is essential for making informed decisions when rehabilitating crucial linear infrastructure.

The Tools Behind the Innovation

The multi-sensor technology includes a variety of tools such as LiDAR, sonar, HD-CCTV, and pipe-penetrating radar. These sophisticated instruments provide high-quality data that help assess, analyze, and make informed decisions regarding the maintenance and repair of critical pipeline infrastructure.

CEO Insights on Company Growth

Nick Goertz, the CEO of SewerVUE, expresses enthusiasm about the company’s increasing market presence: "This is an exciting time for the company. With an expanding track record of high-profile customers and access to capital, SewerVUE is well positioned to expand market share." His positive outlook reflects the company’s potential for growth and innovation in the industry.

Security Measures and Recent Developments

In an essential update regarding corporate governance, NameSilo LLC, another subsidiary of NameSilo Technologies Corp., has instituted an upgraded security policy aimed at safeguarding against unauthorized nameserver changes. This decision comes after experiencing a security breach that prompted immediate action to rectify the situation. The company considers the financial effects of this breach to be immaterial.

Commitment to Financial Integrity

NameSilo Technologies remains committed to ensuring transparency and security in its operations. By implementing strict protocols and policies, the company safeguards the trust and confidence of its customer base while maintaining its operational integrity.

About NameSilo Technologies Corp.

NameSilo Technologies Corp. is committed to identifying and investing in companies that are undervalued, believing in their potential for significant appreciation. They engage in both public and private market strategies while focusing on diverse industries, carefully avoiding the resource sector. Importantly, NameSilo does not serve as an investment advisor, ensuring a clear boundary in their business practices.

Domain Name Management Expertise

NameSilo LLC operates as a cost-effective provider of domain name registration and management services. As an accredited ICANN registrar, it has swiftly moved to become one of the fastest-growing domain registrars globally, currently managing approximately 5.7 million active domains across 160 countries. This growth signifies their strategic approach and robust market presence.

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Frequently Asked Questions

What recent sale did NameSilo Technologies Corp. announce?

NameSilo Technologies Corp. announced a sale of approximately C$560,000 for a multi-sensor pipe inspection float through its subsidiary, SewerVUE Technology Corp.

What technologies does SewerVUE use for pipe inspection?

SewerVUE utilizes advanced technologies including LiDAR, sonar, HD-CCTV, and pipe-penetrating radar to offer high-quality data for pipeline maintenance.

How did NameSilo respond to the recent security breach?

NameSilo implemented an upgraded security policy to protect against unauthorized changes to nameservers following a recent security breach incident.

What is the focus of NameSilo’s investments?

NameSilo Technologies targets undervalued companies with potential for significant growth, investing in a variety of industries while avoiding resource services.

How does NameSilo LLC position itself in the domain registration market?

NameSilo LLC is recognized as a low-cost provider of domain registration services and is one of the fastest-growing registrars worldwide, with 5.7 million domains active under management.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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