$DATI ORLANDO, Fla., Aug. 19, 2020 (GLOBE NEWSWIRE
Post# of 103076
Today, as the news is rife with an open discussion of voting by mail and voting technology, DigitalAMN is engaged with Global Election Services, Inc. (“GES”), completing the onboarding of the mail ballot and In-Person election specialist which provides comprehensive technology-enabled election services to organizations such as labor unions, pension funds, credit unions, colleges, universities, co-operatives, housing organizations, trade associations, political parties, associations, professional societies, and entertainment organizations.
As you may recall, DigitalAMN helps companies, through its ecosystem, to develop their business models, execute their plans and find investors. Through this process, DigitalAMN earns a position in the company that contributes to its portfolio. GES is now one such company.
Management of GES has a solid history of never having an election overturned. GES has proprietary technologies that authenticates and registers voters, scans ballots and tabulates votes – and has already demonstrated its ability to supervise mail-in ballot and in-person elections at the government level at the North Dakota 2020 Primary. GES’ model is interesting, especially considering the attention that the voting processes are getting.
In the DigitalAMN press release, the following stood out with regard to future opportunities for GES and the changing world we live in:
“From a business perspective, management [DigitalAMN] has identified a primary opportunity for GES:
Roughly $15M in potential new business that GES can scale to within its current marketplace (labor unions, pension funds, entertainment organizations, etc.) – ‘business as usual’; and,
Those are very large market forecasts and we appreciate that the Company didn’t tender any guestimate as to how much market share it thinks it can help GES obtain. But it is indisputable that voting technology and the overall process of voting by mail, is a serious subject of discussion and that DigitalAMN, vis-à-vis its relationship with GES and its proprietary voting technology and impressive reputation, will be looking for a way to increase its market.
As the DigitalAMN press release concludes, “DATI’s management believes that this engagement has positively impacted the size and potential value of DATI’s equity portfolio.”