Costa Rica Big Data Software Developer Expands to Florida

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Source: Kinetos

Source: Kinetos

COLORADO SPRINGS, Colo., June 8, 2016 /PRNewswire/ — On May 25th, 2016 STL Marketing Group, Inc. (OTC: STLK), the “Company”, has created a new 51% owned subsidiary to handle the sale and commercialization of the Hound Software product that has been developed by Kinetos, S.A., a Costa Rican privately held corporation (“Kinetos”). Kinetos owns the remaining 49% of the subsidiary. This subsidiary, named Kinver Technologies, Inc. (“Kinver”), is a Florida corporation, in good standing.

Kinetos has already deployed the various software solutions with clients in Costa Rica and has more than twenty-five years in business. The Company has secured a web site for Kinver Technologies (www.kinvertech.com) that will be forwarded to the brand’s main site (www.houndsoftware.net) and will operate as a D/B/A in Colorado as Hound Software. The Company will consolidate Kinver’s financials as required.

The Hound Software platform is comprised of various modules that can be sold separately or as a suite- e.g. Data Wrangling and Automated Workflow. While software has ongoing and perpetual research and development, the product is viable, deployed and installed at clients’ sites and can be sold and deployed “as is” in the United States market immediately. Kinver will use that existing product to deploy and sell in the US market and plans to sell the software under the Software as a Service or SaaS model.

About STL Marketing Group, Inc./ Versant Corporation

Versant Corporation is a subsidiary of STL Marketing Group, Inc. and a Colorado based company initially founded to develop and operate renewable energy projects. It has expanded into the distribution and sales of technology based products and services such as the PhoneSuite brand of IP/ Cloud based hotel PBX systems and is working with other software companies to commercialize, sell and market Software as a Service (SaaS) products. For more information on STLK, please visit our web site at www.v3rsant.com.

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