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EDMONTON, AB / August 16, 2021 / OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) ("OneSoft") today announced that it will be presenting at the SNN Network Summer Virtual Event 2021 on Wednesday, August 18, 2021, at 11:30am EST. Brandon Taylor, President and CTO, will host the presentation and 1-on-1 investor meetings during the event.
"Interest in our CIM solution has grown due to sales activities currently underway in the U.S.A., Canada, Australia, United Arab Emirates, Brazil, and Argentina," said Brandon Taylor, President and COO of OneSoft Solutions. "We recently initiated our first project in Australia and have several business development initiatives underway. We ended our March 31 quarter with $7.4 million and no debt, and at our current cash burn rate and anticipated revenue, we believe we are sufficiently funded to execute our current business plans as envisioned without requirement to raise additional capital. I look forward to meeting elaborating upon these points during OneSoft's presentation at the SNN Network Summer Virtual Event."
To access OneSoft Solutions' SNN Network Summer Virtual Event 2021 live presentation
Date: August 18, 2021
Time: 11:30am Eastern Time / 8:30am Pacific Time
To book a 1-on-1 meeting with OneSoft Solutions:
If you would like to book 1-on-1 investor meetings with OneSoft Solutions or watch Mr. Taylor's presentation, please register for the virtual event here: https://conference.snn.network/signup
1-on-1 meetings will be scheduled and conducted via private, secure video conference through the conference event platform.
OneSoft Solutions Presentation Replay
If you can't attend OneSoft's live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": https://conference.snn.network/agenda
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If you would like to attend the SNN Network Summer Virtual Event 2021, please register here: https://conference.snn.network/signup
News Compliments of Accesswire
About OneSoft and OneBridge
OneSoft has developed software technology and products that have capability to transition legacy, on-premises licensed software applications to operate on the Microsoft Azure Cloud Platform. Our business strategy is to seek opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. Visit www.onesoft.ca for more information.
OneSoft's wholly owned subsidiary, OneBridge Solutions Canada Inc., develops and markets revolutionary new SaaS solutions that use advanced Data Sciences and Machine Learning to analyze big data using predictive analytics 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 OneSoft Solutions
Sean Peasgood, Investor Relations
This news release contains forward-looking statements relating to the future operations 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 to deliver 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: the impact of Covid-19 on the business operations of the Company and its current and prospective customers, the availability and cost of labor and services; the efficacy of its software; our interpretation based on various industry information sources regarding the total miles of pipeline in the USA and globally, which segments are piggable; our understanding of metrics, activities and costs regarding evaluation, inspection and maintenance is in alignment with various industry information sources and is reasonably accurate; that counterparties to material agreements will continue to perform in a timely manner; that there are no unforeseen events preventing the performance of contracts; that there are no unforeseen material development or other costs related to current growth projects or current operations; the success of growth projects; future operating costs; interest and foreign exchange rates; planned synergies, capital efficiencies and cost-savings; the sufficiency of budgeted capital expenditures in carrying out planned activities; and no changes in applicable tax laws. 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; ability to access sufficient 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 because 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.
OneSoft Solutions Inc. Reports Q4 and Annual Results for Fiscal 2022 and Reiterates Fiscal 2023 Guidance Q4 and Fiscal 2022 Revenues Increased 82% and 55%, Respectively, Year over Year
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