-- Opens door to Chinese markets and capital to accelerate cleantech
SAN FRANCISCO -- (Business Wire)
Ystrategies Corp. (“Ystrategies” or the “Company”) (OTC:YSTR), a
publicly-traded venture capital firm focused on technology startups with
disruptive intellectual property in the software and cleantech sectors,
and BRI US LLC (“BRI”), a Silicon Valley based venture investment and
development firm that specializes in bringing disruptive technology to
global markets, today announced that they have entered into an agreement
to identify and develop market-ready advanced technologies in energy
sectors, beginning with energy efficiency, HVAC-related innovation.
“This agreement aligns directly with our strategy of rapidly
commercializing promising new clean technologies and getting them to
market,” said Jim Kiles, CEO of Ystrategies. “BRI brings strategic value
in facilitating partnerships for innovation, capital, global operation,
and market development, especially China.”
“Ystrategies has been developing a good portfolio of advanced technology
in the cleantech space. We are excited about the opportunity to partner
with Ystrategies to bring disruptive innovation to new global markets.
Together, we can help build a sustainable and energy-efficient world,”
said Jeff Weng, Executive Director of BRI US LLC.
About Ystrategies Corp.
Ystrategies is a publicly-traded venture capital firm concentrated on
building disruptive businesses focused on critical issues such as
renewable energy and clean technology. Ystrategies invests in science
and technology emerging from the US National Laboratory System,
incubators, businesses and academic institutions. The Company looks for
market-ready technology with large addressable markets and intellectual
property ready to engage identified customer segment partners in
important commercial agreements. Investments are premised on closing
strategic partner agreements as pathways to valuable exits. Ystrategies
was founded by former Intel Capital Managing Director, Jim Kiles, who is
supported by industry veterans Ashish Badjatia, Andrea Kates, Paul
Overby, Jon Sigerman, Neil Cohen and Shirley Gee. Ystrategies has
offices in Pittsburgh and San Francisco. For more information, visit
Ystrategies’ website at: http://www.ystrategies.com.
About BRI US LLC (BRI)
BRI is a Silicon Valley based venture investment and development firm
with vision to build a sustainable world through disruptive
technologies. With decades of successful experiences in business
development, the company incubates and accelerates technology ventures
to serve emerging market demands. BRI forges strategic alliance among
local government, industry leaders and value chain partners to expedite
international market penetration. With the mission of bringing positive
social impact to the world, BRI is developing ventures in the area of
semiconductor, clean energy, healthcare, blockchain and smart eco-city
across America, Asia and Europe. For more information, visit BRI
Forward Looking Statements.
Certain statements contained herein may be considered “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, and it is our intent that any such statements be
protected by the safe harbor created thereby. Except for historical
information, the matters set forth herein including, but not limited to,
any statements concerning our plans, strategies, investments, and
objectives are forward-looking statements. These forward-looking
statements are based on our current expectations, estimates and
assumptions and are subject to certain risks and uncertainties. Although
we believe that the expectations, estimates and assumptions reflected in
our forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the Risk
Factors section and elsewhere in the reports we have filed with the
Securities and Exchange Commission. We do not intend, and undertake no
obligation, to update any forward-looking statement.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180213005521/en/
Neil Cohen, 415-652-5544
President, Marketing and Business Development
Kalle Ahl, 212-836-9614
US LLC (BRI)
Source: Ystrategies Corp.
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