Canadian Pipeline Operator Engages in Pilot Project for OneSoft’s CIM Machine Learning Solution

Edmonton, Alberta, Canada (July 9, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTCQB:OSSIF) is pleased to announce that its wholly-owned subsidiary, OneBridge Solutions Inc. (“OneBridge”) has teamed up with a major Canadian oil and gas pipeline operator (the “Client”) to conduct a trial use of the Company’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service (“SaaS”) solution, to investigate the use of advanced Data Science and Machine Learning technologies in conducting integrity management for segments of the Client’s pipeline system in Canada.

“Although we have several oil and gas pipeline companies in the U.S.A. who now use CIM as an integral part of their integrity management process, this Pilot represents the first use of CIM by a Canadian company” stated OneSoft CTO Brandon Taylor. “We are very excited to be working with this Client, who is one of the most progressive industry leaders in Canada and highly committed to its objectives of safety, protection of the environment and reducing pipeline incidents to zero.”

OneBridge Chief Visionary Officer, Tim Edward, added, “This project involves one of the most critical pipeline systems in Canada, which shorelines Alberta oil sands products to facilitate international sales of crude oil and refined products.”

The Pilot will be conducted over the course of several weeks and will provide an augmented approach to current integrity management processes used by the Client, through the use of revolutionary Data Science, Machine Learning, Predictive Analytics and Cloud computing technologies.

About the Client

The Client operates independently as the Canadian division of a U.S. pipeline Company. The Client’s assets include a number of pipeline systems and terminal facilities in British Columbia and Alberta. The Pilot Program is being conducted on a segment of pipeline that currently transports several hundred thousand barrels per day of crude oil and refined petroleum products, with plans to ultimately triple the transport capacity of this infrastructure.

About the Pilot Program

Pursuant to the terms of the Pilot Program agreement, OneBridge will normalize inline inspection (“ILI”) data for segments of the Client’s pipeline, ingest the data, map certain shape and ILI files, and align anomalies and calculate their growth rates. CIM provides revolutionary Pattern Detection and Interacting Threats functionality using data science and proprietary Machine Learning algorithms, which are designed to detect threats to pipelines over time using Predictive Analytics, as well as advanced business intelligence, graphical presentations, and reporting of the data that operators require to manage their pipeline infrastructure.

The Pilot Program, using a “succeed fast/fail fast” approach, will accommodate a full evaluation of CIM by the Client within weeks, with the objective being to allow the Client to utilize CIM as a key component of its integrity management process on a trial basis while using its own data.

About OneSoft and OneBridge

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) 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 Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning to apply predictive analytics to big data, which 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.onebridgesolution.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
(647) 494-7710

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company, the Company’s efforts to develop and commercialize the technology with the capabilities 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

OneSoft’s Machine Learning Technology Nominated as a Finalist For Prestigious ASTech Foundation Award

Edmonton, Alberta, Canada (July 6, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTCQB:OSSIF) is pleased to announce that its wholly-owned subsidiary OneBridge Solutions Inc. (“OneBridge”) has been selected as a finalist for the prestigious 2018 ASTech Foundation award.

“We are honoured to have been nominated for this award and have had highly supportive sponsorship from Worley Parsons, who nominated OneBridge for the award, from Phillips 66, our first Fortune 500 commercial customer, and from Microsoft, our technology and marketing partner,” said OneBridge Chief Visionary Officer Tim Edward. “Although our U.S. clients are now evangelizing the value proposition of our solutions, increasing the awareness of our Machine Learning technology in Canada is a high priority that is just now beginning to be addressed. Being nominated for the ASTech Foundation Award greatly increases the visibility of our new technology amongst Canadian pipeline operators, industry regulators, governmental agencies and the public.”
“Although we are being judged against a stellar list of finalist candidates, we are hopeful that our disruptive new Machine Learning solutions are sufficiently innovative to win an award, given that our technology greatly improves prevention of oil and gas pipeline failures, increases safety and reduces environmental damage and operational expenses, as compared to what legacy systems in use today provide” said CTO Brandon Taylor. “We appreciate the support of Worley Parsons, Phillips 66 and Microsoft for this initiative, who each wrote letters of endorsement that comprise part of our application for the Award.”

About The ASTech Foundation

The Alberta Science and Technology Leadership (ASTech) Foundation is a not-for-profit organization founded through an industry initiative in 1989 to showcase the substantial achievements in science & technology in Alberta and to promote the importance of these activities to social and economic benefit. ASTech has grown with the support of sustaining member organizations spanning major industries – including agriculture, health, education, energy and technology – all of whom recognize and celebrate innovation and excellence in Alberta. ASTech’s mission is to identify and celebrate achievements in science and technology in Alberta by creating inspiration, fostering innovation, promoting excellence, building entrepreneurship and prosperity and supporting education and training. The premiere event of its kind in Alberta, the ASTech Awards are Alberta’s most prestigious science and technology honours, and bring together 500 leaders from industry, government, media and educational institutions to honour and celebrate outstanding achievement in 10 categories covering the innovation ecosystem and sector-specific categories.

About The ASTech 2018 Awards Process

In 2018 the ASTech Foundation will present 10 awards to recognize outstanding innovation in science and technology in Alberta. These include the Core awards of Applied Technology sponsored by Southern Alberta Institute of Technology; Leader of Tomorrow sponsored by Alberta Economic Development & Trade; Sector awards of Agriculture sponsored by Dow AgroSciences Canada; Energy and Environment award sponsored by Syncrude Canada Ltd.; and Information and Communications Technology sponsored by TELUS. Sponsored awards include a cash prize of $10,000 to the winner.

The Award Categories include 6 Core Awards: Science and Engineering; Technology; Applied Technology; Start-Up; Commercial Achievement; and Leader of Tomorrow and 4 Sector Awards: Agricultural Innovation; Energy and Environmental Innovation; Health Innovation; Information & Communications Technology. Each award is subject to a very specific set of criteria which must be met or exceeded in order for the nomination to be selected as a Finalist and/or a Winner. Nominations must draw a parallel between the award criteria and the accomplishments of the nominee. The 2018 ASTech Awards Finalists and Winners will be determined by an esteemed judging panel and announced at the Awards Celebration and NextGen Innovators Showcase on October 26, 2018 at the Northern Alberta Institute of Technology’s Productivity and innovation Centre in Edmonton, Alberta.

About OneSoft and OneBridge

OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft (MSFT:NASDAQ) 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 Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning to apply predictive analytics to big data, which 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
(647) 494-7710

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company, the Company’s efforts to develop and commercialize the technology with the capabilities 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Another Fortune 500 Company Starts Pilot Program for CIM

EDMONTON, AB / ACCESSWIRE / June 28, 2018 / OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V: OSS, OTCQB: OSSIF) is pleased to announce that its wholly-owned subsidiary, OneBridge Solutions Inc. (“OneBridge”), has engaged with another Fortune 500 energy company (the “Client”) who will be conducting a proof of concept in the use of the Company’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service (“SaaS”) solution for segments of its transmission pipeline infrastructure (“Pilot Program”).

“It is very exciting to have garnered the interest of a supermajor oil and gas company to participate in our Pilot Program,” stated CTO Brandon Taylor. “We have worked closely with this Client’s and Microsoft’s personnel during the past few months, to demonstrate the high-value proposition that our Machine Learning and Data Science solution, and the advantages that shared learning through the use of Cloud computing can provide. We are very pleased that we have now progressed to the Pilot stage, which we believe may ultimately result in this Client adopting CIM to drive predictive analytics for its entire pipeline infrastructure in the future.”

About the Client

The Client is a publicly traded oil and gas company and is one of the six supermajors in the industry, ranking among the world’s largest integrated refiners, marketers of petroleum products and chemical manufacturers. The Client is recognized as a progressive industry leader, focused on innovation and digital transformation of its business, and a user of Microsoft Azure and other cloud platforms.

About the Pilot Program

Pursuant to the terms of the agreement, OneBridge will normalize the Client’s inline inspection (“ILI”) data for segments of its pipeline, ingest the data, classify features per an alias classification model, align features, and calculate anomaly growth rates. CIM provides revolutionary Pattern Detection and Interacting Threats algorithms using data science and our proprietary Machine Learning algorithms, which are designed to detect unknown threats to pipelines over time using Predictive Analytics, as well as advanced business intelligence, graphical presentations, and reporting of the data that operators require to manage their pipeline infrastructure.

The Pilot Program, using a “succeed fast/fail fast” approach, will accommodate a full evaluation of CIM by the Client within weeks. The objective of the program is to allow the Client to utilize CIM as a key component of its integrity management process during a proof of concept period using its own data. The initial revenue associated with this contract is a nominal fixed fee which recovers OneBridge costs associated with the project.

About OneSoft and OneBridge

OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft (MSFT) 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 Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning to apply predictive analytics to big data, which 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
(647) 494-7710

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company, the Company’s efforts to develop and commercialize the technology with the capabilities 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

OneSoft Solutions Inc. Reports Fiscal Year End Results and Provides Update and Outlook

Revenue Increases 76% Year-Over-Year; Strengthened Balance Sheet Supports Growth

Edmonton, Alberta, Canada (June 25, 2018) – OneSoft Solutions Inc. (the “Company” or “OSS”) (TSX-V: OSS, OTCQB: OSSIF), a North American developer of cloud-based business solutions, provides a business update and announces its financial results for the fourth quarter and year ended February 28, 2018. Please refer to the Audited Consolidated Financial Statements, Management’s Discussion and Analysis (“MD&A”) and the Annual Information Form for the year ended February 28, 2018 filed on SEDAR at www.sedar.com for more information. Unless otherwise stated, all dollar amounts are Canadian dollars.

FISCAL 2018 FINANCIAL RESULTS

Year Ended February 28, 2018

  • Revenue increased 76.1% year over year to $1,005,045 as a result of the Company signing its first two commercial software agreements with Fortune 500 customers during the year. The Company also reported deferred revenue of $2,153,435 in Q4 of F2018, associated with customers’ prepayments for future use of CIM and development of the Polaris solutions.
  • Gross profit more than doubled over the prior year, increasing to $910,390 from $450,230. Gross margin improved to 90.6% from 78.9%.
  • Operating expenses, after cost capitalization, increased to $3,684,333 from $2,167,801 in the prior year, as a result of the Company increasing its marketing of CIM to prospective customers, developing new functionality in the CIM product and promoting the Company to potential investors.
  • The comprehensive loss for the year was $2,880,440 and was reflective of the Company’s status as a maturing start-up, which is now transitioning from the developmental stage to a revenue generating phase.
  • The loss was financed by cash of $3,468,877 received from exercise of warrants and from an increase in deferred revenue liability of $2,153,435 from customer pre-payments for future use of and development of the Company’s solutions. The Company ended the year with cash of $3,661,057, up from $92,274 at the end of F2017.

Q4 Fiscal 2018

  • Q4 revenue increased to $283,202, a 16.4% increase from Q4 of the prior year. Gross margin in the quarter was 88.2% compared to 65.7% in Q4 of the prior year.
  • Expenses for the quarter were $1,064,327. Salaries and employee benefits increased by $210,034 while the non-cash costs decreased by $144,656.
  • The net comprehensive loss in Q4 this year was $964,462, versus $720,695 in Q4 last year. The increase in the gross profit partially offset by the increased expense was the primary reason for the change quarter over quarter.

OPERATIONAL HIGHLIGHTS FOR F2018

The Company has identified approximately 50 US-based pipeline operators with whom Microsoft (MSFT:NASDAQ) has business relationships, who collectively operate 380,000 miles of pipeline infrastructure. We are currently active in various stages of sales processes with 17 potential customers from this group who collectively operate 253,000 miles of pipeline, who are either considering, implementing or concluding Pilot Projects.

  • Two commercial licensees signed: Phillips 66 (PSX:NYSE) and a Fortune 500 company.
  • OneBridge signed an agreement with Phillips 66 to migrate Phillips 66’s pipeline management system to the Cloud and incorporate OneBridge Machine Learning and Data Science intellectual property components. OneSoft will own all rights in and to the new derivative solution (code named “Polaris”), which is scheduled for commercial release in calendar Q4 of 2018.
  • All of the Company’s 32,679,666 outstanding warrants were exercised between March 1, 2017 and March 22, 2018, raising cash of $4,040,567. Stock option holders also exercised 463,333 stock options, which generated additional cash of $58,333.
  • Management believes the Company is fully funded to execute its business and operational plans through the next fiscal year ending February 28, 2019 with no requirement for additional financing.

OPERATIONAL HIGHLIGHTS SUBSEQUENT TO YEAR-END

MANAGEMENT COMMENTARY

“We have successfully advanced collaborative efforts with Microsoft, Phillips 66 and WorleyParsons, who are all evangelizing the benefits of our technology and solutions to joint potential customers,” said Dwayne Kushniruk, CEO of OneSoft.  “We continue to see strong interest in pilot projects and commercial adoption of our CIM solution, and our new Polaris solution is on track for commercial release in the Fall of 2018. Based on the increasing awareness and current interest in our solutions by potential customers, and our strong balance sheet, we believe we have sufficient cash to achieve positive adjusted-EBITDA operations.

OUTLOOK

The Company has now entered into working relationships with three multi-billion-dollar revenue companies – Microsoft, Phillips 66 and WorleyParsons – who contribute synergistic value regarding cloud technology and sales assistance, industry operational expertise, and industry sales and marketing expertise, respectively.  These companies are all invested in our success, as OneBridge products will result in:

  • driving consumption of cloud technology, and thus revenue, for Microsoft;
  • increased operational capabilities and efficiencies for Phillips 66; and,
  • provision of a cloud software platform upon which WorleyParsons can leverage their high-value engineering services to assist their oil and gas pipeline customers to achieve better operational efficiencies through digital transformation of their businesses.

We believe that working with these companies validates the credibility of our technology and strategies and bodes well for future opportunities. Collaborative sales efforts with Microsoft and WorleyParsons to market our CIM solutions in the U.S.A., Canada, Europe, Middle East, Africa, Asia-Pacific and South America are already underway.

Our SaaS solutions have been designed to support an “economic consumption” SaaS recurring revenue business model which encourages a “land and expand” sales model.  Based on customer feedback, we developed a new pricing model, which charges customers a fixed monthly fee to enable CIM usage and additional fees arise when specific functionality is used (e.g., loading of an ILI data log, running a crack detection routine, etc.). Customers can start using our solutions for small segments of their total pipeline infrastructure before marking commitments for their entire assets infrastructure.

Our highest operational priorities in Fiscal 2019 are:

  • to release Polaris prior to calendar 2018 year-end; and,
  • to focus on initiating new pilot projects with multiple companies whom we believe can ultimately become long-term customers.

We believe our Polaris solution, integrated with CIM, will change the way oil and gas pipeline companies conduct their integrity management processes. Based on the API-AOPL Annual Liquids Pipeline Safety Excellence Performance Report & Strategic Plan, 2016  report, USD $1.6 billion was expended in 2014 for integrity management costs associated with liquid pipelines in the U.S.A. Based on our estimated ratio of 1:3 liquid to gas pipelines installed within the U.S.A., and by extrapolating the known market metrics for liquid pipelines as disclosed in the above and other reports, we estimate that annual aggregated costs associated with integrity management for the piggable segment of the U.S.A. oil and gas pipeline infrastructure [which represents our sales “sweet spot” because it already has decades of inline inspection (“ILI”) data collected] exceeds USD $7.4 billion annually and USD $11.9 billion global annually.  We believe that Data Science and Machine Learning technologies, like our CIM and Polaris solutions, may be able to disrupt a significant portion of the Evaluation, some portion of the Inspection, and potentially some portion of the Maintenance components of the legacy processes currently being used in the industry.

Please refer to our MD&A for the fiscal year February 28, 2018 for further information regarding adjusted EBITDA and our calculation of USA and global pipeline integrity management costs.

From Management’s perspective, we are very pleased with our progress to date and look forward to a productive Fiscal 2019.

ON BEHALF OF THE BOARD OF DIRECTORS

ONESOFT SOLUTIONS INC.

Douglas Thomson

Chair    

For more information, please contact

Dwayne Kushniruk, CEO

dkushniruk@onesoft.ca

780-437-4950

Sean Peasgood, Investor Relations

Sean@SophicCapital.com

647-494-7710

Forward-looking Statements

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: 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; 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 costs of performing pipeline evaluation, inspection and maintenance in the USA are representative of those in the rest of the world, are reasonably accurate; 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; 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.

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

OneSoft Enters Private Preview Agreements with Three Fortune 500 Pipeline Operators for Next Major SaaS Release

Edmonton, Alberta, Canada (June 4, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTCQB:OSSIF) is pleased to announce that its wholly owned subsidiary, OneBridge Solutions, Inc. (“OneBridge”), has entered into agreements with three progressive, Fortune 500, U.S.-based, pipeline operators to participate in its Private Preview program for Polaris, the next major version of its Cognitive Integrity ManagementTM (“CIM”) software-as-a-service (“SaaS”) solution.  A two-day inaugural event was held last week at the Microsoft (MSFT:NASDAQ) Technical Center in Houston, which included a gap/fit analysis to review functionality of Polaris and the existing systems and processes currently being used by each of the Polaris Private Preview participants.

“We have completed a significant amount of the work to date to migrate Phillips 66’s on-premise system to the cloud and appreciate the assistance we received from Microsoft to accelerate this project,” stated CTO Brandon Taylor. “This Private Preview process is a highly valuable component of our development cycle. Based on our in-depth discussions and learnings at the meetings, we were very excited to learn that only a small number of functionality gaps were identified by the participants, from what has already been developed in Polaris.  Based on this, we anticipate we will execute our roadmap and release cycle, on schedule. The meetings also served to validate that Polaris offers huge improvements over the legacy systems and processes being used today, which we believe will ultimately benefit our customers and shareholders.”

The Company anticipates nominal revenue during this initial Private Preview stage for Polaris. The immediate objective is to provide a discovery period for Clients to work through the process of integrating OneBridge solutions into their pipeline integrity and management processes. We anticipate that revenue associated with Polaris will begin increasing to higher commercial value in the Company’s fourth quarter of fiscal 2019, ending February 28, 2019.  Polaris will be deployed in accordance with the Company’s SaaS business model, operating on Microsoft’s Azure cloud platform.

Potential Market

Various reports have been published by the Pipeline and Hazardous Materials Safety Administration (PHMSA), the Association of Oil Pipe Lines (AOPL) and the American Petroleum Institute (API) regarding industry costs and metrics. Based on these reports we believe that 663,000 miles of “piggable” oil and gas pipelines currently operate within the USA, for which inline inspection data can be collected. We estimate that annual aggregated costs associated with integrity management for this piggable segment of the USA pipeline infrastructure exceeds USD $7.4 billion annually, comprised of approximately $0.6 billion for Evaluation, $1.6 billion for Inspection, and $5.2 billion for Maintenance. We believe that Data Science and Machine Learning technologies, like OneBridge solutions, may be able to disrupt a significant portion of the Evaluation, some portion of the Inspection, and potentially some portion of the Maintenance components of the legacy processes currently being used in the industry.

About Polaris Private Preview Participants

Phillips 66 (NYSE:PSX) and the other two Private Preview participants are all Fortune 500, U.S.-based companies that have adopted CIM or participated in CIM pilots as part of their integrity management processes and are all progressive industry leaders that are executing digital transformation strategies within their organizations. Today, each of the participants utilize different technologies to manage their integrity management business processes, which allows OneBridge to capture and incorporate a wide cross-section of requirements and best industry practices. Current systems in use range from on-premise legacy-based systems that contain deep industry knowledge, to manual Excel-based tools that OneBridge can modernize to operate on cloud computing platforms.  Each of the participants view Polaris as a next-generation platform that utilizes Data Science and Machine Learning techniques to identify previously unknown threats to their pipeline infrastructures, enhances their ability to recruit new employees, expand their value propositions within the organization to deliver higher value engineering services.

Gap/Fit Analysis Ensures Global Applicability

As part of the Microsoft Technical Center event, OneBridge demonstrated several key Polaris features, including a gap/fit analysis to review Polaris’ functionality and the existing systems and processes currently being used by each Private Preview participant.  The overall objective was to identify gaps that might prevent participants from moving to Polaris after it has been commercially released. The involvement of three progressive U.S.-based pipeline operators provided assurance that OneBridge is gathering the necessary input, feedback, and validation that the commercial version of Polaris has a high probability of appealing to oil and gas midstream pipeline operators world-wide as an enterprise level SaaS solution.

About Polaris

As was announced on January 12, 2018, OneBridge teamed up with Phillip’s 66 to develop Polaris, an advanced pipeline integrity management SaaS solution, which involves migrating Phillips 66 ’s internal, Oracle-based, on-premise PT-DMS software solution to operate on Microsoft’s Azure cloud platform, to which certain functionality of OneBridge’s CIM solution and other Data Science and Machine Learning components will be integrated.  Polaris is designed to be an end-to-end SaaS solution for pipeline operators world-wide, with comprehensive functionality to solve pipeline integrity management business problems regarding assessment planning and tracking; analyses of data integrity for regulatory compliance and operator specific conditions; real-time audit-readiness to facilitate live and uneventful audits; instant business intelligence with natural language question and answer capabilities; and integration with other enterprise systems including PODS, GIS, security, et al. We believe that Polaris may become one of the drivers to facilitate digital transformation of our future customers, substantially reduce their operating expenses, and ensure that they can remain competitive through the adoption of modern SaaS solutions.  

Polaris is currently scheduled for commercial release to market in Q4 of calendar 2018.  OneBridge is developing Polaris as a horizontal software platform that can be used by midstream pipeline operators irrespective of size, and especially for Tier 2 and 3 pipeline operators that may not employ in-house personnel to conduct all required integrity management functions, but instead contract many of the tasks pertaining to pipeline and integrity management to third-party service firms.  OneBridge solutions are designed to be innovative and disruptive, which we anticipate will deliver highly advanced technology offerings at reduced costs, relative to what current legacy solutions and services provide today.

About OneSoft and OneBridge

OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft (MSFT:NASDAQ) 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 Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning to apply predictive analytics to big data, which 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

(647) 494-7710

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company, the Company’s efforts to develop and commercialize the technology with the capabilities 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

OneSoft CEO Presenting at the 8th Annual LD Micro Invitational Investor Conference

Los Angeles, California (FSCwire) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTC:OSSIF) is pleased to announce that CEO Dwyane Kushniruk will present the Company’s investment thesis at the 8th annual LD Micro Invitational on Monday, June 4 at 3:30PM PST / 6:30PM EST. Mr. Kushniruk will also host one-on-one investor meetings throughout the day as well as the morning of Tuesday, June 5.

“We’re excited to share our recent news since we last attended LD Micro in December 2017,” said Mr. Kushniruk. “Since then, OneSoft has teamed with Phillips 66 to develop an advanced Pipeline Integrity Management SaaS solution; another Fortune 500 company began conducting a pilot; investors exercised all their outstanding warrants solidifying our balance sheet; and, our Machine Learning solution was showcased at a Microsoft event in Brussels, Belgium for EMEA oil and gas executives. We believe OneSoft is a compelling investment for U.S. microcap tech investors, and we look forward to sharing more information with them.”

“The event is slated to be our largest Invitational to date,” stated Chris Lahiji, President of LD Micro. “When the fires caused the cancellation of our Main Event back in December, we vowed to come back even stronger. This event showcases our firm’s ability to attract the most unique and exciting names in microcap.”

View OneSoft’s profile here: http://www.ldmicro.com/profile/OSS

Profiles powered by LD Micro — News Compliments of Accesswire

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. The firm hosts several influential conferences annually (Invitational, Summit, and Main Event).

In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

The conference will be held at the Luxe Sunset Bel Air Hotel, will feature 230 companies in the small-cap / micro-cap space, and will be attended by over 1,000 individuals.

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”) 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 (“SaaS”) solutions.  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 and Machine Learning to apply predictive analytics to big data, which 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

(647) 494-7710

 

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; sufficient budgeted capital expenditures to carry 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 

OneSoft’s Machine Learning Solutions Showcased at Microsoft-Executive Briefing Center in Brussels for EMEA Oil and Gas Executives

Opportunity to Expand Sales Channel Outside of North America

Edmonton, Alberta, Canada (May 14, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTC:OSSIF) is pleased to report that Brandon Taylor, CTO and President of OneSoft’s OneBridge USA subsidiary, presented the Company’s Machine Learning solutions at an Executive Briefing Center event hosted by Microsoft last week in Brussels, Belgium. Mr. Taylor demonstrated the Company’s technology to senior oil and gas (O&G) industry executives from Europe, Middle East and Africa (“EMEA”) and subsequently engaged in one-on-one meetings with prospective customers and potential reseller partners during the two-day event.

“The invitation to present at this event with other high-profile industry leaders including Baker Hughes GE, PriceWaterhouseCoopers and Honeywell continues to demonstrate Microsoft’s strong commitment to market OneBridge’s solutions globally,” said Mr. Taylor. “We were thrilled to introduce our Machine Learning solution to prospective customers outside of North America, and to meet the executives and decision makers with whom we will follow up as part of our sales process.”

The event was organized to enlighten attendees about Microsoft’s technology and partner strategies that can assist Oil & Gas organizations to accelerate their digital transformation to leapfrog ahead of competitors, by leveraging Data Science, AI and Machine Learning, and Predictive Analytics.” Click here for more information about the event.

Professionals in Oil & Gas Industry Set to Retire en Masse

Microsoft reported that this is a pivotal time for the Oil & Gas industry, as 2018 represents the first time in history that more employees are expected to leave the industry than enter it, with an estimation that half of the current workforce will retire within the next 6 years. We believe this bodes well for OneSoft, as our cutting-edge solutions automate manual processes and are highly appealing to technology-savvy professionals who are early career entrants to the Oil & Gas industry.

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”) 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 (“SaaS”) solutions. 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 and Machine Learning to apply predictive analytics to big data, which 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.onebridgesolution.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
(647) 494-7710

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; sufficient budgeted capital expenditures to carry 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

OneSoft Solutions to Present at Planet Microcap Showcase 2018 on April 25 in Las Vegas

Edmonton, Alberta, Canada (April 19, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTC:OSSIF) is pleased to announce its participation in the Planet MicroCap Showcase at 3:00 pm PST (6:00 pm EST) on Wednesday, April 25, 2018 at the Planet Hollywood venue in Las Vegas, Nevada. Planet MicroCap conferences provide investors with direct access to management teams from some of the fastest-growing micro-cap companies in North America, and OneSoft’s CTO Brandon Taylor will represent the Company at the conference as well as meet with investors in a series of one-on-ones scheduled for the following day (April 26, 2018).

“Over the past few months we have made significant progress to advance our business including entering into CIM usage agreements with Phillips 66 and another Fortune 500 company, engaging in several pilot projects with other US-based pipeline operators; teaming up with Phillips 66 to migrate their on-premise software to the Cloud as a comprehensive, new OneBridge solution; and teaming up with WorleyParsons to market our solutions in Canada and select international markets” said Mr. Taylor. “Our investors have exercised all outstanding warrants, solidifying our balance sheet to execute our business plan. We look forward to attending the Planet MicroCap Showcase to meet with current investors and followers and to introduce new investors to our Company.”

For those interested in meeting with OneSoft management, please contact Robert Kraft at rkraft@snnwire.com (424) 227-9018, or visit www.planetmicrocapshowcase.com for more information.

About Planet MicroCap Showcase

Planet MicroCap Showcase brings together promising companies with well-known/influential microcap investors, fund managers and newsletter writers for three days of company presentations, one-on-one meetings, and networking in the nation’s #1 destination for meetings and entertainment.

The conference will be held April 24-26, 2018 at the Planet Hollywood Resort & Casino in Las Vegas, NV – 3667 S Las Vegas Blvd., Las Vegas, NV 89109.

If you would like to attend the Planet MicroCap Showcase, please send an email to rkraft@snnwire.com or call (424) 227-9018.

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”) 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 (“SaaS”) solutions. 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 and Machine Learning to apply predictive analytics to big data, which 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.onebridgesolution.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
(647) 494-7710

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; sufficient budgeted capital expenditures to carry 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

OneSoft Teams Up with Large International Engineering Firm to Deliver Machine Learning Solutions to Canadian Pipeline Operators

Edmonton, Alberta, Canada (March 20, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTC:OSSIF) is pleased to announce that its wholly owned subsidiary, OneBridge Solutions Inc. (“OneBridge”), has entered into a collaborative work agreement with WorleyParsons, a global professional services company, to deliver solutions for Canadian oil and gas pipeline operators that integrates OneBridge’s Cognitive Integrity ManagementTM (“CIM”) Software-as-a-Service (“SaaS”) solution with high value engineering services, to assist clients in predicting hazardous pipeline failures.

“Digital transformation is a trend that is beginning to occur within the oil and gas pipeline industry,” said Tim Edward, President of OneBridge Canada. “Through this arrangement, we plan to target Canadian clients first, then expand to Australia, Mexico, and other select global markets. We expect to offer a joint solution that will enable Tier 1, 2 and 3 clients to better manage and maintain their pipeline infrastructure.”

“Our objective with CIM is to redefine how operators determine threats to pipelines, by using sophisticated machine learning and data science methodologies,” said Brandon Taylor, CTO of OneBridge. “Unlike current technology and processes in use by the industry today, CIM easily scales by using Microsoft Azure to analyze big data, and can detect threats more accurately, faster and more cost-effectively.”

We intend to use Pilot Programs to demonstrate the high-value proposition to clients, similar to the Pilot Program model OneBridge and Microsoft are currently deploying to engage US pipeline operators. Subsequently, the parties’ intent is to provide joint clients with OneBridge’s future version of CIM, “Polaris, which OneBridge is currently developing with Phillips 66 Company [PSX:NYSE].

 

About WorleyParsons

WorleyParsons delivers projects, provides expertise in engineering, procurement, and construction and offers a wide range of consulting and advisory services.

WorleyParsons is listed on the Australian Securities Exchange [ASX: WOR]. Further information about WorleyParsons is available on the Internet at www.worleyparsons.com and www.advisian.com.

 

About Polaris

OneBridge has teamed up with Phillips 66 Company to develop Polaris, which involves migrating Phillips 66’s pipeline management software to a cloud solution that will incorporate OneBridge’s data science and machine learning technology. Polaris will provide comprehensive, end-to-end functionality typically required by oil and gas pipeline operators to manage the complete lifecycle of an integrity management program. Polaris is designed to include multiple components, including assessment planning, cognitive analysis, workflow management, regulatory compliance, certain financial metrics, reporting and audit controls and advanced business intelligence with 3D visualizations to present information in a highly intuitive manner.

 

About OneSoft and OneBridge

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, 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.

The Company’s wholly owned subsidiary, OneBridge Solutions Inc., develops and markets revolutionary new SaaS solutions that use data science and Machine Learning to conduct predictive analytics on big data for the Oil & Gas pipeline industry to assist operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements.

Visit www.onebridgesolution.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, the Company’s efforts to develop and commercialize technology with certain capabilities, 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 Company’s securities 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

OneSoft Receives $2.1 Million from Exercise of All Outstanding Warrants

Edmonton, Alberta, March 15, 2018 (GLOBE NEWSWIRE) — OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS, OTC:OSSIF) is pleased to announce that it has received $2.1 million from the exercise of all outstanding warrants. As reported in the Company’s MD&A filed January 25, 2018 on SEDAR, the Company had 16.4 million warrants due to expire in February and March, 2018. The Company is pleased to report that all warrants have been exercised and zero warrants are now outstanding. OneSoft’s current cash balance after the warrant exercise is approximately $4.1 million.

“We believe this full warrant exercise indicates investors’ continued confidence in the future of our Company,” said CEO Dwayne Kushniruk. “We believe this is due to our recent news flow regarding progress with our Fortune 500 clients and pilot programs, as well as the announcement that we’ve teamed up with Phillips 66 to develop and globally market Polaris, a comprehensive SaaS solution for pipeline operators. The additional $2.1 million strengthens our already strong balance sheet and gives us comfortable runway to execute on our objective to maximize new customer additions. We’d like to thank our investors for their strong support and confidence in our vision.”

ABOUT ONESOFT SOLUTIONS AND ONEBRIDGE

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.

The Company’s wholly-owned subsidiary, OneBridge Solutions Inc., develops and markets revolutionary new SaaS solutions that use data science and Machine Learning to conduct predictive analytics on big data for the Oil & Gas pipeline industry, which assists 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, the Company’s efforts to develop and commercialize the technology with the capabilities, and Phillips 66’s ability to use the technology, as described, 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.