VERO BEACH, FL - (NewMediaWire) - July 08, 2024 - Mitesco, Inc. (OTC:MITI, “the Company,” www.mitescoinc.com) today announced that its Centcore Cloud Computing business unit (www.centcoreusa.com) will be attending the ESRI International User Conference (https://www.esri.com/en-us/about/events/uc) July 15 through July 19 in San Diego, California. In conjunction with the meeting, it announces that it is implementing a new cloud computing service focused on geographical information system (GIS) applications.

“We have been working with Tom Simon and his Synthos GIS consulting business (https://www.synthos.co/) to evaluate the needs and market opportunity for several months. We believe that a highly secure, high performance computing environment could provide its users significant savings over traditional alternatives,” explained Mack Leath, CEO of Mitesco, Inc. He continued, “Our new data center offerings can provide significant savings over other cloud offerings such as AWS, Microsoft Azure and Google Cloud, as well as in-house hosting. We believe in many cases we can show 20% or more savings. With this improvement in their hosting costs, our clients can enhance both their cybersecurity and profitability. With advice from GIS professionals such as Synthos, we get firsthand input to further enhance our capabilities. As we move forward, we are seeking other partnerships, including professionals with remote sensing, survey and LIDAR processing capabilities. Lastly, our new Vero Technology Ventures group will be attending the conference as they seek early-stage investment opportunities in GIS-related data services and cloud-based software applications.”

To set an appointment during the ESRI International Conference, or to see how much you can save over your current platform, please send an email to Brian Valania at bvalania@centcoreusa.com or call 610-888-7509

To set an appointment with Tom Simon at Synthos, LLC, call 206-519-8087, or send an email to: tom@synthos.co

About Centcore, LLC

Centore, LLC (www.centcoreusa.com) is a wholly owned business unit of Mitesco, Inc. providing highly secure data center resources and managed services for dedicated applications and custom development. Within its primary site is extensive high-performance computing and storage aimed at data intensive applications. It is growing a library of applications for resale from its users including providers of services and solutions. It can offer specialized computing capabilities within its 25,000 sq. ft. data center, including development platforms for scientific computing, image processing and A.I. oriented systems.

About Vero Technology Ventures

Our new venture arm is looking for scalable solutions using cloud computing for improved productivity, generally aimed at business and government. Infrastructure, engineering, design, analytics, process control are all areas of interest, as well as productivity tools for data center operations. We believe the current and near-term computing resources can be applied to make a significant change in productivity. If you have a need for growth capital and are willing to work in a team environment to grow your business, we should talk! Please drop us a line at: VTV@mitescoinc.com.  

About Mitesco, Inc.

Mitesco (www.mitescoinc.com ) is seeking to build a growth-oriented company, providing products, services and technology to make accessible, higher quality, and more affordable solutions. The Mitesco team has experience in both start-ups and turnarounds intent on building successful growth situations, using both organic and acquisition growth strategies. Mitesco embraces the belief that when consumers' expectations are exceeded, the business’ performance may do so as well.

Contact:
Mitesco Investor Relations
Jimmy Caplan
jimmycaplan@me.com
512.329.9505

Mitesco Media Relations
Rick Eisenberg
eiscom@msn.com
917-691-8934

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements related to the expected foreclosure of several of our clinics. Words such as “expects,” “anticipates,” “aims,” “projects,” “intends,” “plans,” “believes,” “estimates,” “seeks,” “assumes,” “may,” “should,” “could,” “would,” “foresees,” “forecasts,” “predicts,” “targets,” “commitments,” and variations of such words and similar expressions are intended to identify such forward-looking statements. We caution you that the foregoing may not include all the forward-looking statements made in this press release.

These forward-looking statements are based on the Company’s current plans, assumptions, beliefs, and expectations. Forward-looking statements are subject to the occurrence of many events outside of the Company’s control. Actual results and the timing of events may differ materially from those contemplated by such forward-looking statements due to numerous factors that involve substantial known and unknown risks and uncertainties. These risks and uncertainties include, among other things, the ability to obtain additional financing; the risk that commenced and threatened litigation may result in material judgments against the Company; and other risks and uncertainties included in the Company’s reports on Forms 10-K, 10-Q, and 8-K and in other filings the Company makes with the Securities and Exchange Commission from time to time, available at www.sec.gov.