Live Current Media Signs LOI to Acquire San Diego Based Contextual Intelligence Company, Total Communicator Solutions - Seite 2

Mr. Bjontegard stated: "The artificial intelligence, contextual intelligence ecosystem market is experiencing rapid growth and is projected to continue expanding in the coming years. According to market intelligence reports, the market size for AI technology and services is expected to reach approximately $190.61 billion by 2025, growing at a compound annual growth rate (CAGR) of over 55%."

Mr. Bjontegard continued, "The experience of Mark Ollila in the ubiquitous computing and platform as a service space will allow the unified company to deliver solutions to a wider group of businesses. Teaming up with him and his team will further expand and accelerate the growth of the unified platform."

About Live Current Media Inc.

Live Current Media Inc. acquires and integrates technologies that automate key processes in content and community creation, bringing together innovative businesses and technologies to provide an end-to-end resource for the hundreds of millions of creators who do not have a meaningful piece of the creator economy. The Live Current platform features a growing set of creative tools and community building technologies that include video community creation, AR/VR discovery, social media amplification, personal and business brand management and sponsorship and alternative revenue creation for the global creative community in addition to providing community and experiential solutions for businesses wishing to become more creative in the way they reach their customers.

On behalf of the board of directors of Live Current Media Inc.

Mark Ollila, CEO & Director

For more information please contact:

[e-mail]
www.livecurrent.com

All statements in this press release that are not statements of historical fact are forward-looking statements, including any projections of growth, earnings, revenue, cash or other financial items, any statements of the plans, strategies, objectives and goals of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions particularly as they relate to demand for our products and services; competitive factors; changes in operating expenses; our ability to raise capital as and when we need it and other factors. Live Current Media, Inc. assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

SOURCE: Live Current Media Inc.

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The Live Current Media Stock at the time of publication of the news with a raise of 0,00 % to 0,020USD on Nasdaq OTC stock exchange (09. Juni 2023, 02:10 Uhr).