Valmie Resources (VMRI) Signs Definitive Agreement to Acquire Vertitek

Leader in UAV Technology to Boost Valmies Position in $98 Billion Drone Market

DENVER--Valmie Resources Inc. (OTCBB:VMRI) today announced it has signed a definitive agreement to acquire Vertitek Technologies, a privately-held technology frontrunner in the unmanned aerial vehicle (UAV) sector. With this acquisition, Valmie obtains rights to Vertiteks entire portfolio of investigational next-generation UAV designs and autonomous flight controllers. The transaction is expected to close in the coming weeks, subject to the customary closing conditions.


Vertiteks hardware and software technology enables a sophisticated level of autonomy for UAVs and other autonomous mobilized devices, including precision guidance controls and advanced safety features. Vertiteks commercial V-1 Drone℠ is a multi-rotor platform that features a large carbon fiber composite frame with high efficiency brushless motors designed to enhance Valmies speed-to-market strategy with an integrated, fully autonomous autopilot leveraging Valmies AIMD Platform.

"The commercial uses of drones and other unmanned vehicles will provide billions of dollars in economic growth - and we couldnt be more pleased to add Vertiteks resources to our mission-critical assets," said Gerald B. Hammack, President and CEO of Valmie, commenting on the deal. "This agreement is an exciting growth opportunity that shows promise for long-term profitability. Vertitek is a pioneer in its field and this acquisition will allow Valmie to accelerate commercialization of our groundbreaking AIMD platform, helping us to expand our commitment to excellence and capture market share early on."

Valmies revolutionary end-to-end cloud platform, AIMD (Autonomous Intelligence for Mobile Devices), will help users manage and control independent mobilized devices with a unique set of data services. This new platform, currently in development, will give drones - and other unmanned vehicles - an improved ability to communicate. Vertitek develops components for unmanned vehicles, leveraging the business value that comes from customizing them for specific industries and analyzing the data they collect.

"Everyone, it seems, is talking about unmanned vehicles, especially drones, whether for industry, research or performance art. The skies have never been busier," said Sean Foster, founder of Vertitek. "The acquisition marks the next step in the collaborative effort of the two companies and an opportunity to expand on the groundwork laid by our team. We have total confidence that our combined resources will propel both companies to new heights."

The exciting industry surrounding global unmanned aerial vehicles, or drones, is estimated to reach worldwide spending of $98 billion over the next decade, according to Business Insider. With platforms that serve as robust tools for data gathering and analysis, enabling mapping, surveying, 3D modeling and more, drones are currently in use across multiple industries around the world, including agriculture, construction, infrastructure, search and rescue, and ecological study.

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 "mega sectors" 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

About Vertitek Technologies
A high tech startup company, Vertitek was established to develop technology for a range of commercial unmanned vehicle applications around the globe. As a result of the exploding growth of this industry, a void exists between hobby and military level drones. Vertitek will help fill this gap with components to meet specific commercial mission requirements.

For further information, visit http://vertitek.com

Featured Product

Discover the power of Omron mobile robotics.

Discover the power of Omron mobile robotics.

Our fully autonomous intelligent vehicles will help you to transform the way you move materials and route your workflows. Increase throughput, eliminate material flow errors, improve traceability, maximize flexibility and allow your employees to focus on higher level tasks. Unlike traditional AGV's, our mobile robotics navigate using the natural features of your facility and do not require expensive facility modifications or guidance. Our AIV's can adapt to changes in their environment and work freely and safely with your staff. Our mobile robots are intelligent enough to quickly learn their environment and then automatically find the optimal path to where they need to go. They also automatically make adjust for dynamic environments and can work together in fleets of up to 100 robots.