For Immediate Release – August 26, 2024

Statavest Holdings LLC and ComJoT LLC have each decided to immediately discontinue their planned acquisition and partnership with RFinder LLC. This decision, made after careful consideration, reflects commitment to upholding the highest standards of service and innovation.

Key Information:

•⁠ ⁠RFinder’s manufacturing partner is unable to move forward with the Android 13 upgrade commitment at this time. While that may change in the future, we wanted to ensure unfulfilled pre-orders for Android 13 upgrades and radios were canceled and refunded. Shopify, RFinder’s e-commerce platform, will automatically transfer full refunds to customers. We appreciate your patience during this.

What’s Next for RFinder?

•⁠ ⁠Earlier this year, Statavest made a significant investment to rescue RFinder. Subsequently, as part of this transition, Statavest will fully own all RFinder software, associated intellectual property, the Worldwide Repeater Directory (WWRD), RF1, and the upcoming RF2. This ensures continued service and support for RFinder users, allowing Bob to focus on hardware innovation and secure a manufacturer. No action is needed from users, who can continue to reach out to support at help@rfinder.com. A rebranding of the software assets is planned to occur within a month.

Challenges and Decision:

•⁠ ⁠Although the plan was to collaborate and innovate with Bob and RFinder LLC, a review revealed several significant challenges, especially with RFinder’s manufacturing partner, hindering our shared goals and future innovation.

Statavest, ComJoT, and RFinder are all committed to a smooth and collaborative transition, ensuring that customer interests are the highest priority. As we pursue new opportunities in the communication technology industry, we remain dedicated to innovation and leadership.

Thank you for your continued support and trust.