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NEW YORK, NY, May 18, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Bubblr Inc. (OTC QB: BBLR), an ethical technology company known for pioneering an Ethical Web Open-Source platform, announces its rebranding to Ethical Web AI. This trade name better encapsulates its mission and focus on improving the future of search and advancing a more ethical Internet.
Tim Burks, the CEO of the company formerly known as Bubblr, Inc., stated: “From the start, it was evident that the name Bubblr did not accurately reflect our company’s purpose, products, or core philosophy. We have always identified ourselves as an ethical web business. Moreover, our soon-to-be-launched GPT Dynamic app is fundamentally centered around large language models (LLMs) and artificial intelligence. Therefore, Ethical Web AI is a name that truly represents our essence.
“We had previously acquired the domain name Ethicalweb.ai, which we believed was far more descriptive of our business. We have now built the EthicalWeb.ai website, and all traffic from bubblr.com has been redirected to this new site. We are in the process of filing a request to the state of Wyoming to formally reserve the name Ethical Web AI, given its active use.”
Burks also highlighted the unanimous support for the name change from the company’s marketing partners—Beyond Media Group, Outside the Box Capital, and Milestone Management Services. “All three firms expressed concern that our previous name did not reflect our business’s purpose and were fully supportive of the change. In fact, they have deliberately reserved their marketing strategies until this change was implemented, which it now has been.
“Both Professor Paul Morrissey, our Chief Strategy Officer, and I were motivated to join the company largely because of its ethical web credentials. We both fully endorse the company’s ethical web manifesto, which includes decentralized profits and data collection, protection of citizens’ privacy rights, a level playing field for businesses, combating social and cultural division, and resisting corruption by advertising.
“The board of directors unanimously agreed that it made complete sense for our marketing partners to reserve their strategies until we began operating under the more meaningful and reflective business name of Ethical Web AI,” Burks concluded.
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Ethical Web AI.
Ethical Web AI, Inc. is an ethical technology company that is providing the essential building blocks for the future of search on the Internet. It is building an open-source Ethical Web platform that is the technological manifestation of its very valuable granted patents. This platform will make available open-source app templates for licensees to build their own community apps or integrate our software with any existing apps.
Important Cautions Regarding Forward-Looking Statements This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended, and such as in Section 21E of the Securities Act of 1934, as amended. These forward-looking statements should not be used to make an investment decision. The words’ estimate,’ possible,’ and ‘seeking’ and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include but are not limited to, the effect of government regulation, competition, and other material risks.