NEW YORK, Aug. 29, 2023 /PRNewswire/ — iQSTEL Inc. (OTC-QX: IQST), today announced version 1.2 (v1.2) of the company’s recently released Artificial Intelligence (AI)-Enhanced Metaverse application.

iQSTEL first announced entering the AI and Metaverse markets on July 5^th, 2023. 

iQSTEL is US-based multinational enhanced telecommunications and technology corporation reporting over $93 million in annual revenue for 2022 and on track to meet or exceed its $120 million FY-2023 annual revenue forecast. 

iQSTEL is building upon its core telecommunications base business with the addition of new complementary services that expand revenues and margins by delivering more value to iQSTEL’s end customer.

The iQSTEL AI-Enhanced Metaverse application v1.2 is available on desktop browsers by typing metaverse.iqstel.com as well as the App Store for iPhone and iPad, and Google Play for Android devices. The application, under the name iQSTEL Metaverse, is a product of iQSTEL’s AI-Enhanced Metaverse Division Reality Border.

V1.2 has all new beautiful colors with enhancements and new features that include:

At the landing page:

• A voice welcome and introduction when clicking on Help.
• A new option to mute videos.
• A new option to mute Non Player Characters (NPC).

Once in the Main Hall

• A new feature to accelerate the users’ movements (shift + arrow).
• 3 media screens in the Main Hall.
• An Exhibition Room for products currently demonstrated with the display of iQSTEL’s EV Motorcycle TuVolten 550 Elite, and including an interactive NPC named Marc ready to discuss EV Motorcycle features with Metaverse users.
• Auditorium with 1 media screen now performing Alpha Status Review of iQSTEL’s first batch of EV Motorcycle EVOSS.
• An enhanced Shopping Center currently demonstrated through the display of the Apple Watch and the iPhone which are available for purchase with two NPCs standing by to offer assistance.
• Shopping Center functions include 2 click-to-buy stands currently demonstrated with a Walmart E-Store.
• There are also 2 app download gateways. In one of them, the users can download iQSTEL’s Fintech Services Global Money App.
• At the Home Stage, users will find the latest iQSTEL updated information with an interactive NPC named Sarah standing by to answer all your questions.

Coming soon:

• A Meeting Room included in the environment where users will be able to access private sessions.
• Celebrities Gateway services where the users can interact with celebrities.

The objective of iQSTEL’s AI-Enhanced Metaverse Division Reality Borders is to offer a full suite of media content, an exhibition room, a shopping center, auditorium services, meeting rooms, entertainment and gaming, all within a fully customizable platform, with several different available design options that can all be configured as a white label service.

In our opinion, Reality Border will enrich customer interactions by providing a powerful collective experience, where users can work and have fun and communicate through video calls and chat services that include celebrity influencers.

Mr. Iglesias, CEO of IQSTEL commented: “We are very proud what we have achieved in short time.  We have started our commercial promotion, and we are already engaged in developing our first potential client opportunities for our Metaverse services with a Bank and a Retail Store. We are excited about the journey ahead and look forward to sharing our progress with you.”

Mr. Iglesias added: “We are going to participate in an interview. Please send us any questions you’d like to be answered to investors@iqstel.com“.

About IQSTEL (updated August 2023):

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL’s mission is to serve basic human needs in today’s modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity.  iQSTEL recognizes that in today’s modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today’s pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.

• The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
• The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
• The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Cars.
• The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.

The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions.  iQSTEL has completed 10 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.

Safe Harbor Statement: Statements in this news release may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

iQSTEL Inc.
IR US Phone: 646-740-0907
IR Email: investors@iqstel.com

Contact Details
iQSTEL Inc.
+1 646-740-0907
investors@iqstel.com

Company Website
www.iqstel.com

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SOURCE iQSTEL Inc.