Edmonton, Alberta, Jan. 26, 2018 (GLOBE NEWSWIRE) -- OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTCQB:OSSIF) is pleased to announce its upcoming attendance at the fifth annual Cantech Investment Conference 2018 on January 31, 2018 at the Metro Toronto Convention Centre. OneSoft CEO Dwayne Kushniruk will present the Company’s investor thesis at 4:20pm on the Paradigm Innovation Stage.
“We are excited to return to Cantech to meet investors,” said Mr. Kushniruk. “Since attending Cantech last year, OneSoft created significant catalysts to propel the Company’s progress including: teaming with Phillips 66 to commence developing a new SaaS solution which will utilize Phillip’s internally-developed pipeline integrity management system and our proprietary data science and machine learning technology; signing two Fortune 500 pipeline companies as customers and conducting new pilot programs with other pipeline operators. Microsoft continues to assist with our marketing and sales efforts world-wide. We look forward to updating the investors we met last year as well as meeting new investors interested in our Company and projects.”
Investors will have an opportunity to meet OneSoft representatives at the Company’s booth (#401) during the day. Investors can also meet with OneSoft investor relations representatives at the Sophic Capital booth (#403).
About Cantech Investment Conference 2018
Cantech Investment Conference 2018 is Canada’s largest technology investment conference, which is expected to bring together over 3,500 attendees and engaged investors with more than 100 leading technology companies. Meeting attendees have invested over $1 billion in Canadian tech companies since the advent of the conference 5 years ago. For more information, please visit www.cambridgehouse.com
Event: Cantech Investment Conference 2018
Date: Wednesday, January 31, 2018
Booth: #401
Feature Presentation: 4:20 pm ET at the Paradigm Innovation Stage
Venue: Metro Toronto Convention Centre, 255 Front Street West, Toronto, Canada.
Event Hours: 8:30am – 5:30pm
About OneSoft Solutions Inc.
OneSoft has developed software technology and products that have capability to transition legacy, on premise licensed software applications to operate on the Microsoft (NASDAQ “MSFT”) Cloud, in conjunction with Office 365, CRM Online, Microsoft BI and Microsoft Azure Machine Learning. OneSoft's business strategy is to seek opportunities to convert legacy business software applications that are historically cumbersome to deploy and costly to operate, to a more cost-efficient subscription-based business model utilizing the Microsoft Azure Cloud Platform and Services, with accessibility through any internet capable device. Visit www.onesoft.ca for more information.
OneSoft’s wholly owned subsidiary, OneBridge Solutions Inc. develops and markets revolutionary new SaaS solutions that use data science, Machine Learning, predictive analytics and ILI big data to assist Oil & Gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com for more information.
For more information, please contact:
Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
(780) 437‐4950
Sean Peasgood, Investor Relations
Sean@SophicCapital.com
(416) 565-2805
Forward-looking Statements
This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expects”, “believe”, “will”, “intends”, “plans” and similar expressions. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Such forward-looking information is provided for the purpose of delivering information about management's current expectations and plans relating to the future. Investors are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions.
In respect of the forward-looking information and statements, the Company has placed reliance on certain assumptions that it believes are reasonable at this time, including expectations and assumptions concerning, among other things: interest and foreign exchange rates; planned synergies, capital efficiencies and cost-savings; applicable tax laws; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; the efficacy of its software, its ability to complete projects to expected deadlines, the success of growth projects; future operating costs; that counterparties to material agreements will continue to perform in a timely manner; that there are no unforeseen events preventing the performance of contracts; and that there are no unforeseen material development or other costs related to current growth projects or current operations. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Since forward-looking information addresses future events and conditions, such information by its very nature involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to many factors and risks. These include, but are not limited to the risks associated with the industries in which the Company operates in general such as: costs and expenses; interest rate and exchange rate fluctuations; competition; human capital engagement and availability, ability to access sufficient financial capital from internal and external sources; and changes in legislation, including but not limited to tax laws.
Readers are cautioned that the foregoing list of factors is not exhaustive. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities within the United States. The securities to be offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act or other laws.
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