Kinetic Seas And Sagtec Sign $2M 5-Year Deal To Deploy Private SKILLIKS AI Platform For Enterprise Software Development

Kinetic Seas Incorporated (OTCQB:KSEZ) and Sagteс Global Limited (NASDAQ:SAGT) today announced the signing of a multi-year agreement to deploy a private white-labeled version of the SKILLIKS AI platform, hosted in the United States. SKILLIKS is the first AI development platform that integrates AI assisted software engineering into enterprise level application and product development. SKILLIKS makes it possible for medium and large organizations to seamlessly integrate AI into their existing software development and support processes. The deal represents a significant investment and underscores the growing importance of AI enablement in Southeast Asia.

Through this collaboration, Sagtec will harness the power of the SKILLIKS platform for its internal AI software development, while also creating AI-enabled solutions for client projects. In addition, Sagtec will be authorized to market and promote the Sagteс/Skilliks platform to enterprises seeking to expand their IT capabilities with AI.

The agreement is structured as a five-year licensing and collaboration arrangement, valued at $2 million USD, and includes a long-term revenue share component.

Key features include:

• Hosting of the Sagtec/Skilliks private platform on secure U.S.-based cloud servers.
• Authorization for Sagtec to use Skilliks internally and for AI-enabled client project development.
• Joint commercialization rights for promoting the Sagtec/Skilliks platform to third-party clients.
• Long-term revenue share model ensuring mutual benefit for both companies throughout the agreement period.

The licensed platform will also serve as a capability accelerator for Sagtec's IT department, providing access to the SKILLIKS AI training curriculum, personalized staff skill evaluations, and weekly tailored training sessions.