Ameritek Ventures Merges With Bozki, Inc., Becomes the Owner of Multiple New Products; One of Them is Augmum, Inc. Augmented Reality Robotic Patent Pending Technology

Augmum Technology Uses Glasses and Gloves to Remote Control Robotic Snake Arms

LAS VEGAS, NV - (NewMediaWire) - January 28, 2021 - Ameritek Ventures, Inc. (OTC: ATVK), a company focused on developing and launching innovative technology manufacturing products for businesses and governments, announced today its merger with Bozki, Inc., has brought its access to several new products; one of them is Patent Pending Augmum.  Please visit www.augmum.com for more information.

Augmum, Inc., a subsidiary of Ameritek Ventures, Inc., is a glove and glasses augmented reality technology manufacturer using Augmented Reality (AR) technology and Machine Learning Systems (MLS) to control robotic snake arms. Augmum is developing motion-tracking robotic hands, touch-sensing gloves, and virtual-reality glasses using machine learning systems, haptic technology, and augmented technology to control its snake mechanical arms.

Robotic technology is the future

This robotic technology will be operated by virtual reality actual monitoring and accessibility, making the execution of tasks rapid and extremely accurate. Automated technology will replace manual work and eliminate excess workforce. It will enable industries to save on human resources while increasing the output and product quality. Additionally, users will operate the robotic six (6) axis arm, glass, and gloves interface using a remote device.

Augmum is also developing a peer to peer augmented reality system in which a trainer has a pair of gloves and glasses sync to the trainee's pair of gloves and glasses. The Trainer can see what the trainee sees and touches, allowing the trainee to receive remote teaching from a distance. This peer to peer Augmented Reality system will be an excellent tool for retirees who can train new workers from their homes as if they work on the site. 

The robot arm can take many roles and will be beneficial to multiple industries. Businesses that produce masses of products and execute heavy tasks can benefit significantly from this robotic technology. 

Ameritek Chairman and CEO Dr. Shaun Passley said, "We anticipate the future, bringing the future, here and now. Developing Augmum Technology, different businesses and organizations across industries will benefit from augmented reality technology on a whole other level."

Update on Cleaning up the Balance Sheet

Ameritek is in the process of voiding financing agreements done by the previous management team. If we are successful, we are asking for the court to return shares issuance. Per recent court rulings in different cases as defined of what a dealer is. Per a recent court ruling, if an unregistered dealer completes a transaction, the entity's owners, officers, and directors can be held personally liable. This means Ameritek can collect from the entity and the people who own or manage the company. The process of cleaning up the balance sheet will be completed over some time. The recent rulings provide Ameritek with a path forward to help it grow and move into the future.

About Ameritek Ventures

Ameritek Ventures is a group of companies that provides various world-class software and hardware products and services beneficial to businesses, organizations, and governments. We manufacture and innovate advanced technological developments in the medical industry, portable medical use mini-fridge. Ameritek Ventures explores augmented reality technology with Augmum, Inc. Augmum, Inc., a subsidiary of Ameritek Ventures, Inc., is a glove and glasses augmented reality technology manufacturer. Augmum creates motion-tracking robotic hands, touch-sensing gloves, and virtual-reality glasses using machine learning systems, haptic technology, and augmented technology to control its six-axis robotic arm. 

Safe Harbor

This is the "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of forward-looking words such as "may," "expect," "intend," "estimate," "anticipate," "believe" and "continue" (or the negation thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that no forward-looking statement is a guarantee of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Ameritek Ventures assumes no obligation and has no intention of updating these forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Ameritek Ventures. Investors are encouraged to review Ameritek Ventures' public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC market filings, which contain general business information about the company's operations, results of operations and risks associated with the company and its operations.

For more information, please contact the following:

Investor Relations
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investors@ameritekventures.com

(312) 239-3574
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