DatChat forges alliance with The Photo Managers

Published 01/04/2025, 13:46
DatChat forges alliance with The Photo Managers

NEW BRUNSWICK, NJ - DatChat, Inc. (NASDAQ:DATS), a micro-cap company ($16.25M market cap) specializing in secure messaging and social media, has announced a strategic relationship with The Photo Managers (TPM), aiming to enhance its Myseum social media platform. According to InvestingPro data, the company maintains a strong liquidity position with more cash than debt and a healthy current ratio of 8.96x. This collaboration, announced today, leverages TPM’s network of over 700 professional photo managers to provide insights and marketing opportunities for Myseum.

The partnership is set to benefit Myseum as it prepares to launch its enterprise services. DatChat CEO Darin Myman expressed enthusiasm about joining forces with TPM’s community, anticipating that the collaboration will contribute to the development of Myseum’s social network. This development comes as the company’s stock has shown remarkable momentum, with InvestingPro reporting a 216% price return over the past six months. The agreement includes expert advisory, introductions to industry leaders, content collaboration, and brand promotion activities.

Myseum, launched in March 2025, offers a multi-tiered social media ecosystem designed for secure and private sharing of digital content, including photos, videos, and documents. The platform emphasizes the creation of digital legacies for sharing across generations, backed by AI technology and proprietary software.

TPM, a global organization since 2011, provides training and support for professionals who assist clients in organizing and preserving digital content. Their network spans hobbyists, certified professionals, and businesses managing digital legacies.

As part of the strategic relationship, Myseum will gain advisory services, conference and webinar participation, and opportunities for beta testing and focus groups. Furthermore, DatChat will sponsor The Photo Managers Conference 2025, scheduled for April 22-26 in San Diego, California.

Myseum’s platform, available on iOS and Android, with a desktop version planned for later this year, offers users 50 GB of free storage, with additional space available for purchase. The platform’s design caters to the needs of users seeking a secure method to manage and share digital content with future generations.

This collaboration is based on a press release statement and aligns with DatChat’s mission to provide secure communication tools while expanding its user base and capabilities through strategic partnerships. Investors should note that the company is scheduled to report earnings on April 4, 2025. InvestingPro subscribers have access to 15 additional exclusive tips and comprehensive financial metrics to better evaluate this volatile growth stock.

In other recent news, DatChat, Inc. has made headlines with the launch of its new social media platform, Myseum, which is now available on Apple iOS and Android devices. This development is part of the company’s strategy to expand its market reach and generate additional revenue. The Myseum platform is designed to offer a unique approach to digital media and content management, allowing users to create a digital legacy by securely storing and sharing digital content. CEO Darin Myman expressed enthusiasm for the platform’s cross-platform availability, which he believes will enhance user engagement and support revenue growth. DatChat’s participation in The Photo Managers Conference 2025 further highlights its commitment to aligning with organizations that value family memory preservation. The market has responded positively to this launch, reflecting investor optimism regarding the potential of Myseum’s innovative features. Investors will be closely watching user adoption rates and revenue impact in the coming quarters to assess the long-term success of this initiative.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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