Perpetual Industries (OTC: PRPI), an incubator for the development of innovative, energy-efficient technologies aimed at commercializing products that have the potential to impact and advance a wide range of industries on a global scale, has completed its acquisition of the AutoGrafic Software System. AutoGrafic is a software as a service (SaaS) and social application that uses cutting-edge technology to host a myriad of aspects for automotive promotion and preservation. The software is designed for global collector car and automotive enthusiasts and enables a unique, multifaceted, interactive automotive experience focused on a visual-based social community; the software also provides collection management, social events, auctions, insurance, research, preservation and historical documentation components. As a result of the acquisition, PRPI intends to create a new division focused on AutoGrafic and designed to elevate the platform and bring it to its full potential. Plans for the software include providing a mobile app, loyalty program, tokenization on the blockchain, and a full suite of other multidimensional features. “This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” said Perpetual CEO Brent Bedford in the press release. “It will also greatly benefit Worldwide Auctioneers, our newly acquired, wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”
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About Perpetual Industries Inc.
Incorporated in Nevada and based in Auburn, Indiana, Perpetual Industries Inc. is an incubator for the development of new and innovative energy-efficient technologies. The company’s mission is to “perpetuate industry” by bringing value-added technologies to market. At PRPI’s core is a proprietary technology known as the XYO Mechanical Balancing Technology, designed specifically to dynamically eliminate vibration in rotating equipment to create energy-efficient, environmentally responsible products. The company is expanding its expertise and knowledge of energy-efficient technology by developing low-cost, green energy-powered solutions for a variety of industries including renewable energy, blockchain mining, artificial intelligence, graphic rendering, internet of things (“IoT”) and cloud computing, while continuing its research, development and commercialization of the XYO Technology in key applications. For more information about the company, please visit www.PerpetualIndustries.com.
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