TORONTO, March 26, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Pacific Software, Inc. (OTC: PFSF) (“Pacific Software” or the “Company”), an emerging technology development corporation, is honored to be recognized as one of the “20 Most Promising AGTECH Solution Providers – 2019” by leading technology magazine CIOReview. This annual ranking of 20 leading AGTECH companies features the best in technology solutions in this field from around the globe.
Agricultural producers are faced with the challenge of managing a complicated trade process efficiently and with accountability. The Pacific Software platform, BOAPIN, is designed to help fuel the growth of agricultural and industrial companies through the advantages of digital marketing campaigns, market intelligence, blockchain technology and fintech applications for global supply chain management. This emerging technology has vast application potential, and Pacific Software is leading the way in creating a more transparent supply chain across industries and international borders.
“Being recognized by CIOReview is an honor, as it reflects our commitment to solve trade inefficiencies for suppliers and agricultural producers,” says Pacific Software President Peter Pizzino. “Having reliable, accurate and real-time information is an essential advantage in this trade process.”
The Company’s flagship platform, BOAPIN, was launched in Q1 of 2019, and development and release of new functionalities are scheduled to take place throughout the remainder of 2019 as the Company continues leading the way in global supply chain management solutions.
About Pacific Software, Inc.
Pacific Software (OTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is uniquely positioned to deliver B2B and B2C e-commerce blockchain solutions by utilizing IBM's Hyperledger Blockchain "Backend as a Service" (BaaS) Infrastructure. Its BOAPIN.com platform will improve product traceability and will digitalize the trade process, including product certification, marketing, logistics, trade finance, cross border payment solutions and customs clearance through smart contract technology for global supply chain management.
Forward Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Pacific Software and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Hyperledger blockchain technology solutions will be well received or utilized. Additional examples of such risks and uncertainties include, but are not limited to (i) Pacific Software's ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Pacific Software’s ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Pacific Software’s ability to successfully expand in existing markets and enter new markets; (iv) Pacific Software’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Pacific Software’s business; (viii) changes in government licensing and regulation that may adversely affect Pacific Software’s business; (ix) the risk that changes in consumer behavior could adversely affect Pacific Software’s business; (x) Pacific Software’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Pacific Software with the Securities and Exchange Commission. Pacific Software anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Pacific Software assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
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Pacific Software, Inc.
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+1 (844) 513-0056
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