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Press Release

Scope Carbon Enters into Product Development Agreement with Marsman Limited

Published by Todd Bush on October 3, 2022

VANCOUVER, B.C., Oct. 3, 2022 /PRNewswire/ -- Scope Carbon Corp. ("Scope" or the "Company") a pioneering carbon mapping technology company, is pleased to announce that the Company has now entered into a product development agreement (the "Product Development Agreement") with Marsman Limited ("Marsman"), a British Virgin Islands development company, to assist in the advancement of the Company's self-learning image recognition technology (the "Technology").

Sean Prescott, the Company's Non-Executive Chairman and initial developer of the Technology, will be leading the software development in collaboration with Marsman. It is anticipated that the Product Development Agreement will enable the Company to create a unique user experience with a high-end product design and decrease the required time to develop the Technology. This will allow the Company more time to consider the further innovations and also ensure that the Company is creating a user friendly experience. Scope, with the assistance of Marsman, intends to develop, scale and enhance its Technology for market roll-out in 2023.

>> RELATED: Scope Carbon Announces Completion of Private Placement for Gross Proceeds of CDN $2,000,000

The Marsman development team will be led by Martin Ma, an early key employee of the Alibaba Group who helped Alibaba found various key divisions within the group, including its Internet, CRM and Business Intelligence units. Previously a senior manager at Huawei, Mr. Ma is also the founder of Heliao, a business social networking platform in China and also provides outsourced development services for select projects. Assisting Mr. Ma will be a development team consist of approximately eight persons working both full and part time and with specialties ranging from TensorFlow development, front and back-end web development, project management, user interface design, quality control and assurance testing and server management.

"We are very excited to be working with Marsman to develop an enhanced and scalable version of the Company's Technology" said James Liang, CEO of Scope. "Scope is at the forefront of a rapidly expanding industry and our goal is for Scope's Technology to become an essential tool for project developers of carbon credits and corporations looking towards establishing a net zero footprint. We believe the Company's partnership with Marsman will only enrich the development of the Technology and we looking forward to working and learning alongside out partner Martin Ma and his Alibaba team."

About Scope Carbon Corp.

Scope is a technology company located in Vancouver, British Columbia and is focused on the commercial development of its AI-driven image software, which the Company intends to use for the identification and estimation of carbon-based lifeforms and carbon emissions, both key components in the identification of carbon credits.

The Company is currently focused on the commercial development of its Technology through its research and development program, to expand its capabilities and provide a one-tool solution in carbon mapping.

SOURCE Scope Carbon Corp.

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