DNA Dynamics, Inc. Appoints Experts to Monetize Patent

IPOfferings LLC contracted to negotiate royalties with ATM Providers

Grandville, Michigan, UNITED STATES


LONDON, United Kingdom, Dec. 21, 2017 (GLOBE NEWSWIRE) -- DNA Dynamics, Inc. (USOTC:DNAD) announces today that its UK Subsidiary, DNA Interactive Limited, has appointed IPOfferings LLC, the company that recently brokered the ATM Bitcoin Patent acquisition, to oversee the monetization of the Patent. 

Speaking recently about the deal, DNA Dynamics’ CEO Carl Grant stated: “This relationship will see IPOfferings using their years of expertise in the Patent business to put cash on DNA’s bottom line. Our own calculations internally see this as a multi-million-dollar revenue stream. It’s shaping up that 2018 could see over 5000 ATM Bitcoin individual locations from more than 14 vendors with up to 18,000 by 2020. Even if we achieve less than the $1.00 per transaction we are aiming to see, it’s still a significant amount in revenues from this operation.”
 
DNA reports that the deal will see IPOfferings become the exclusive licensing agent for DNA in the US. IPOfferings will begin immediately in the New Year by contacting all Bitcoin ATM manufacturers and operators and working with them to license the patent and pay royalties to DNA.
 
Alec Schibanoff, VP at IPOfferings, was equally up-beat about the deal, commenting that “Having helped structure the acquisition that makes DNA the exclusive Master Licensor of U.S. Patent No. 9,135,787 for a “Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol,” , we are confident that   we can license all of the majors players in the ATM  bitcoin space. We are excited at this opportunity and look forward to using our expertise and resources to drive revenues into DNA.”
 
About DNA Dynamics, Inc.
Headquartered in Grandville, Michigan, and with operations in the UK, DNA Dynamics’ business focuses on “Skills Based Gaming” and enabling players on its platform and the wider public to benefit from the boom in the crypto-currency marketplace. DNA is building a diverse portfolio of assets based around “Skills Based Gaming” and crypto-currency related assets.
 
For more information please email info@dnadynamicsinc.com
 
About IPOfferings LLC.
Based in Suffern, New York, IPOfferings is a leading patent brokerage and IP consulting services firm.  IPOfferings represent sellers and licensors in the monetization of their patents and other IP. IPOfferings also represents buyers and licensees, and offers patent valuation services. IPOfferings recently introduced the Patent Demand Quotient, an annual report of the top 200 patent transactions. For more information please email patents@IPOfferings.com

Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of DNA Dynamics, Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of DNA Dynamics, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on DNA Dynamics’ future results. The forward-looking statements included in this press release are made only as of the date hereof. DNA Dynamics cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, DNA Dynamics undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by DNA Dynamics.