Zyber Holdings Ltd Market Update
Market Update: Zyber Holdings Ltd (ASX: ZYB) stock surged over 37.5% on March 20, 2017after the company gave the market update in relation to its recent activities. The company’s development team over the last two weeks has been working on building the Zyber Enterprise Mobile application in iOS and Android. The team had ran into some issues solving the critical defects when implementing iconic framework on which myZyber mobile application was built, with the Enterprise application. The team had decided to rebuild the application using native SDK’s and has now accomplished the ability to view folders, navigate through folders, preview files, and upload files. These features are currently in the test cycle. Moreover, the team has also implemented a notification feature so that users can receive notifications on particular files or folders they wish to watch. Over the next few weeks, the team would continue to test the application and look for potential BETA customers. ZYB management team said that they would look for opportunities in area related with local law or accounting firm with at least one other office to gain valuable user feedback to drive the product development. ZYB continues to work on cost cutting initiatives with both the Chairman and the Company Secretary agreeing to reduce their monthly fees. Overall, ZYB continues to receive numerous proposals on a weekly basis for corporate transactions opportunities involving the company.
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