NetworkNewsBreaks – SinglePoint, Inc. (SING) Sub
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Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced that its ShieldSaver subsidiary has entered an agreement with CarFax to provide detailed information directly to CarFax while being able to pull data from the CarFax system to further efficiencies within the ShieldSaver mobile application. “We are excited for this new relationship with CarFax, and we believe there is a lot of opportunity to expand the relationship with CarFax,” Wil Ralston, president of SinglePoint, stated in the news release. “They are a fantastic company – the absolute leader in their space – and we look forward to a long, synergistic relationship.” Per the update, ShieldSaver utilizes proprietary License Plate Recognition technology to collect large quantities of important automotive and consumer data. Following SinglePoint’s recently completed acquisition of ShieldSaver, the two companies commenced development of an automotive data collection application that will ultimately aim to tie into SinglePoint’s blockchain technology developments.
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