Fortune 500 Company Becomes First Commercial Client for OneSoft’s New CIM 3.0 (Polaris) SaaS Solution

Edmonton, Alberta, Canada (September 24, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS; OTC:OSSIF) is pleased to announce that its wholly owned operating subsidiary, OneBridge Solutions Inc. (“OneBridge”), has entered into its first commercial use agreement for its next iteration of Cognitive Integrity ManagementTM software-as-a-service (“SaaS”) solution, which has been under development (codenamed “Polaris”) since early 2018 (“CIM 3.0”). The “Client”, a U.S.A. – based Fortune 500 company, participated as a private preview user of the beta version of Polaris during its development phase and has now contracted to utilize the commercial version of CIM 3.0 on a multi-year basis.

“We are very pleased with our progress on the Polaris, now renamed CIM 3.0, development sprint” stated CTO Brandon Taylor. “Our initial goal was to develop a sufficiently comprehensive solution to enable our private preview users to replace their current integrity management systems with CIM 3.0  – and that objective has been met.  We are continuing to work with the other private preview participants who we anticipate over the next few months will adopt CIM 3.0 for long-term use, after which the solution will be commercially released to market for global use.”

OneBridge President Tim Edward added. “CIM 3.0 is designed to provide full “cradle-to-grave” functionality that oil and gas companies require to manage their pipeline infrastructure, including data and integrity management, predictive analytics, threat detection and monitoring, operational logistics, regulatory compliance and advanced business intelligence.  We are very appreciative of the valuable contributions that have been made by both Phillips 66 and the Client, as well as the third private preview participant of the Polaris/CIM 3.0 project, by providing their input and feedback as beta users of the software, as we’ve worked through the development sprint.”

About the Client

The Client is a Fortune 500 with annual revenues of US$35 billion, 14,000 employees and 7,500 miles of pipelines. The Client conducts operations in 18 states in the mid- and western U.S.A., including numerous refineries, storage terminals, natural gas processing complexes and 3,300 retail stores.

About CIM 2.0 and CIM 3.0   

Operating on Microsoft’s Azure Cloud platform and services environment, CIM 2.0 provides revolutionary Pattern Detection and Interacting Threats functionality using Data Science and proprietary Machine Learning algorithms. CIM 2.0 is designed to normalize and ingest inline inspection (“ILI”) data for pipelines, align anomalies and calculate their growth rates, which results in the detection of threats to pipelines over time using Predictive Analytics. CIM 2.0 also provides advanced business intelligence, intuitive graphical presentations, and dashboard reporting and natural query language capability for data that operators require to manage their pipeline infrastructure.

OneBridge entered into an agreement with Phillips 66 Company to develop CIM 3.0 (codenamed Polaris), an advanced pipeline integrity management solution for industry operators, by migrating functionality from Phillips 66’s PT-DMS internally-developed software applications to a cloud-based SaaS solution the embeds OneBridge Machine Learning, Data Science and CIM 2.0 functionality. CIM 3.0 is designed to address four major areas of functionality additional to what CIM 2.0 provides: (1) assessment planning, including enterprise level planning, scheduling and business intelligence; (2) integrity compliance, wherein internal company policy and regulatory compliance for CFR 192 & 195 can be addressed with the push of a button; (3) threat monitoring, for which actionable workflow and job information for every threat is identified; and (4) business intelligence, comprised of data analytics, SQL reporting, embedded user experience using 3D visualizations, dashboards with filtering and natural query language capability.

About CIM 3.0 Potential Market, Pricing and Sales Traction to Date

CIM 3.0 is designed to be scalable for global use by a wide range of pipeline companies, from small operators through and including industry supermajors. In accordance with various figures compiled by the U.S.A. regulator, Pipeline and Hazardous Materials Safety Administration (“PHMSA”), the Association of Oil Pipe Lines (“AOPA”), the American Petroleum Institute (“API”) and other sources, we believe that Machine Learning and Data Science solutions, like CIM 3.0, may be able to disrupt a significant portion of the annual expenditures currently being spent for pipeline data evaluation, which we estimate to be US$640 million within the U.S.A. and US$1.1 billion globally, most of which currently depends on legacy technologies and processes. (Refer to the “Market Metrics” section on page 9 of the Company’s MD&A for the year ended February 28, 2018 published on June 26, 2018 for more details regarding addressable market estimates.)

Management is pleased with the early traction in this market segment. Our commercial pricing model includes monthly fees at various levels for the use of CIM 3.0, based on the number of miles of pipeline operated and additional fees charged for specific functionality used, based on an economic consumption model. Historical revenues have equated to approximately $100 per data/mile of pipeline processed – i.e., OneBridge processed approximately 10,000 pipeline data/miles during the last fiscal year ending February 28, 2018, and recorded $1 million of revenue. We expect this revenue metric may increase in the future, after we commercialize CIM 3.0 and add more functionality to our solutions.

We believe we will need to engage customers operating approximately 40,000 data/miles in aggregate to achieve cash break even operations.  Currently we have 2 signed, multi-year commercial clients who collectively operate 19,000 miles; 9 companies with whom software trials are currently underway who collectively operate 130,000 miles; and 8 companies who are in various stages of considering software trials who collectively operate 103,000 miles. These potential revenue opportunities total 252,000 miles, with operators ranging from 700 to more than 50,000 miles of pipeline, and include several Fortune 500 companies and one industry supermajor.

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.

Operators with Collective 68,000 Miles of Pipeline Start OneSoft Pilots

Four Additional North American Companies Trial Machine Learning SaaS Solutions

Edmonton, Alberta, Canada (September 17, 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 initiated new pilot programs with four North American-based pipeline operators to conduct trial use of the Company’s software-as-a-service (“SaaS”) solutions, which include Cognitive Integrity ManagementTM (“CIM”) and Polaris.

The four Polaris Pilot customers collectively own natural gas liquids systems, crude oil assets and commercial operations across the continental U.S.A. and in parts of Canada and Alaska. One of these customers is a Fortune 500 Company and, in aggregate, the four customers own assets valued in excess of USD $17 Billion, have annual combined revenues exceeding USD $12 Billion, and collectively operate approximately 68,000 miles of pipeline infrastructure.

“Engaging these new customers, who are all well-established companies with long and successful operating histories, represents a significant milestone in the evolutionary growth of our Company, particularly because two of the operators are focused on our new Polaris solution which is scheduled to be released for commercial use by the end of 2018,” stated OneSoft CTO, Brandon Taylor.

OneBridge President, Tim Edward, added, “Since teaming up with Phillips 66 to develop Polaris, interest from prospective customers for our proprietary Machine Learning and Data Science solutions has accelerated as a result of our own marketing activities, our reseller partner channel initiatives and through word-of-mouth. We have strong confidence that these pilot projects will ultimately lead to long-term use of our solutions on a commercial basis.”

 

About CIM and Polaris Solutions  

Operating on Microsoft’s Azure Cloud platform and services environment, CIM provides revolutionary Pattern Detection and Interacting Threats functionality using Data Science and proprietary Machine Learning algorithms. CIM is designed to normalize and ingest inline inspection (“ILI”) data for pipelines, align anomalies and calculate their growth rates, which results in the detection of threats to pipelines over time using Predictive Analytics. CIM also provides advanced business intelligence, intuitive graphical presentations, and dashboard reporting and natural query language capability for data that operators require to manage their pipeline infrastructure.

OneBridge entered into an agreement with Phillips 66 Company to develop Polaris, an advanced pipeline integrity management solution for industry operators, by migrating functionality from Phillips 66’s PT-DMS internally-developed software applications to a cloud-based software-as-a-service (SaaS) solution the embeds OneBridge Machine Learning, Data Science and CIM functionality. Polaris functionality is designed to address four major areas of functionality: (1) assessment planning, including enterprise-level planning, scheduling and business intelligence; (2) integrity compliance, wherein internal company policy and regulatory compliance for CFR 192 & 195 can be addressed with the push of a button; (3) threat monitoring, for which actionable workflow and job information for every threat is identified; and (4) business intelligence, comprised of data analytics, SQL reporting, embedded user experience using 3D visualizations, dashboards with filtering and natural query language capability.  Polaris is designed to be scalable for a wide range of pipeline companies globally, from small operators through and including industry supermajors.

 

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 Solutions Inc. Reports Results for the Quarter ended May 31, 2018

Provides Business Outlook and AGSM Update and Grant of Stock Options

Edmonton, Alberta, Canada (July 26, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V: OSS, OTCQB: OSSIF), a North American developer of cloud-based business solutions, is pleased to announce its financial results for the quarter ended May 31, 2018 (“Q1, Fiscal 2019”). Unless otherwise stated, all dollar amounts are Canadian dollars. Please refer to the interim unaudited Consolidated Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended May 31, 2018 filed on SEDAR at www.sedar.com for more information.

“The Company is well poised to achieve its primary objectives of completing the commercial release of Polaris and increasing revenues in Fiscal 2019,” said Dwayne Kushniruk, OneSoft’s CEO. “Management believes that revenue from the current sales opportunities, coupled with cash of $3.5 million on-hand, is sufficient to achieve these objectives, with no requirement to raise additional capital.”

FINANCIAL SUMMARY FOR Q1 ENDED MAY 31, 2018

The following chart summarizes the first quarter ended May 31, 2018, compared to May 31, 2017:

  • Revenue for the quarter increased 31.2% year-over-year from $223,093 to $292,783. The Company’s commercial customers processed more miles and inspection logs in our Cognitive Integrity ManagementTM (“CIM”) SaaS-based Machine Learning solution. During the quarter, the Company also recognized the revenue from one Pilot Program.
  • Gross profit improved from $206,255 to $279,620, due to the increase in revenue.
  • Expenses were $1,013,763, up from $721,100 a year ago. The increase was due to higher salaries associated with the development of Polaris and increased sales and marketing activity, offset by lower G&A expenses as one-time expenses in the year ago quarter for listing on the OTCQB and pertaining to intellectual property did not repeat.
  • The increase in expenses caused the comprehensive loss to increase from $500,745 in Q1 last year to $766,809 this quarter.

OPERATIONAL HIGHLIGHTS FOR Q1 ENDED MAY 31, 2018

  • Revenue continued to increase from previous quarters, as a result of current clients adding more pipeline infrastructure into CIM and new clients using CIM.
  • The Company continued its Pilot Program initiative during the quarter, which allows prospective customers to evaluate CIM in a compressed timeline using their own data for a small segment of their pipeline. While pilots can be completed within days by OneBridge, they typically last weeks or months due to the multitudes of people at customer sites that are required to investigate, assess and adjudicate the impact CIM will have on their current systems and processes.
  • In March 2018, OneBridge entered into a reseller arrangement with WorleyParsons [ASX:WOR], one of the largest, international engineering services firms in the oil and gas industry. WorleyParsons will offer OneBridge’s solutions to its pipeline clients based on their strategy to utilize OneBridge solutions to drive demand for high value engineering services that they provide for their clients.
  • OneBridge continued our collaborative marketing and sales efforts with Microsoft, who is motivated by CIM’s demonstrated ability to drive consumption of (and revenue from) Microsoft Azure and other cloud products and services. In May 2018, OneBridge showcased CIM to Europe and Middle East Oil and Gas executives at a conference hosted by Microsoft in Brussels, Belgium.
  • On March 15, 2018 the Company reported that all outstanding warrants had been exercised, generating $567,050, improving the Company’s share structure. Exercised employee stock options also added $30,000 to working capital in the quarter.

SUBSEQUENT TO QUARTER END

BUSINESS OUTLOOK

OneSoft is transitioning from a research and development phase to revenue generation, which we believe will accelerate as the Company’s new technology and solutions gain traction in our marketplace.

We have estimated the industry costs associated with oil and gas pipeline integrity management to be USD $7.4 billion annually in the United States and USD $11.9 billion annually on a global basis, of which approximately 9%, 22% and 69% of these total figures are expended on Evaluation, Inspection and Maintenance, respectively. 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.

Statistics published by the Pipeline and Hazardous Materials Safety Administration (“PHMSA”) report that the average cost per pipeline incident involving a release of oil or gas product into the environment in the USA was approximately $456,000 per incident (1). Our preliminary analysis of costs associated with data evaluation and predictive analytics indicates that the use of CIM resulted in an average of 52% and 81% savings of those costs for two of our clients. Additionally, significant cost avoidance has been identified in one client case because 31 serious threats were detected by CIM that were not discovered by their legacy processes, thereby potentially saving this client USD $25 million (USD $800,000 per incident) in property, environmental and remedial costs, had these threats resulted in failures and releases. The cost savings arising from the use of CIM versus legacy systems is very significant, as corroborated by our clients, and creates highly compelling motivations for prospective customers to consider and adopt our solutions.

(1) PHMSA, All Pipeline Incidents, Total costs, 3-year Average: Retrieved from: https://hip.phmsa.dot.gov/analyticsSOAP/saw.dll?Portalpages

We believe our own internal initiatives and our solid business relationships with three large, high profile companies – Microsoft, Phillips 66, and WorleyParsons – will greatly assist us to evolve our technology and grow revenues:

  • Leveraging Microsoft’s ongoing collaborative marketing and sales initiatives in the USA, Canada, Europe, Middle East and Africa provides significant reach to potential customers globally, which would be very difficult and costly to replicate without Microsoft’s marketing and sales support.
  • Phillips 66 is evangelizing the high value proposition of our technology and solutions amongst its peers, which is generating interest from similar potential customers.
  • WorleyParsons is initiating marketing and sales activities for our solutions in Canada, Australia, New Zealand and other selected international markets.

Our own internal marketing and sales activities continue to create awareness of our solutions and accelerate interest by prospective customers in our Pilot Programs to assess the value proposition of our solutions. We anticipate that pilots will continue to operate in various stages of progression with numerous potential customers throughout Fiscal 2019, which are expected to generate nominal revenue to recover direct costs. Management remains optimistic that most pilot projects will eventually convert to long term commercial use of our solutions, some of which are expected to occur in Fiscal 2019. We also anticipate some revenue growth from our existing clients in Fiscal 2019, as they increase use of our solutions by ingesting additional pipeline segment data into CIM and transitioning new divisions and operating partners to replace legacy processes with CIM and Polaris.

Additionally, the Polaris program is highly important to the Company, and we expect Polaris’ commercial release to occur in Q3 of Fiscal 2019. All three private preview participants are enthusiastic about adopting the solution for ongoing commercial use, tentatively commencing in September 2018. We anticipate the completion of Polaris and acceptance of it by Phillips 66 will result in the transfer of a significant portion of the Company’s deferred revenue to earned revenue, and thereafter commence to generate Polaris revenue late in calendar 2018.

AGSM UPDATE AND GRANT OF STOCK OPTIONS

On July 24, 2018 the Company held its Annual General and Special Meeting (“AGSM”). All resolutions as set forth in the Management Information Circular distributed to shareholders prior to the meeting were passed, including disinterested shareholder approval of the amended escrow share release schedule. Accordingly, these shares will be released from escrow on September 24, 2018. Following the AGSM, 275,000 stock options were granted to the Directors and Officers of the Company and 325,000 stock options were granted to senior executives as part of compensation plans. All options granted have a strike price of $0.44 per share, vest 50% on each of the grant and anniversary dates and will expire in five years if not exercised.

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 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 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.

OneSoft Solutions Inc. – Unaware of Any Material Change

Edmonton, Alberta (FSCwire) – At the request of IIROC, OneSoft Solutions Inc. TSX-V:OSS, OTCQB:OSSIF (“OneSoft” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

The Company announces that it is not aware of any material, undisclosed corporate developments and has no material change to report at this time. The Company will keep the market informed as required.

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, Machine Learning, predictive analytics and big data to assist Oil & Gas pipeline industry 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

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 to Conduct Pilot Evaluation of OneSoft’s Machine Learning Platform

Edmonton, Alberta, Canada (February 7, 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 Pilot Program agreement with another U.S.-based, Fortune 500 natural gas, oil and petrochemical company (the “Client”). The Client, whose operations include natural gas gathering, treating, processing, transportation and storage, primarily in the United States, will evaluate OneBridge’s Cognitive Integrity ManagementTM (“CIM”) SaaS solution.

Management Commentary

“We are seeing continued traction for OneBridge’s CIM solution,” said Tim Edward, President of OneBridge Canada. “In this case, one of North America’s leading providers of midstream energy services has recognized CIM’s value proposition and is now investigating CIM in pursuit of its commitment to improve its internal processes to detect threats to its pipeline infrastructure, through digital transformation and machine learning.  This Client is only one of many companies investigating our new technology, as evidenced by the high degree of interest expressed by numerous attendees that we met at PPIM last week, the world’s largest pipeline integrity management conference held annually in Houston.”

Brandon Taylor, CTO and President of OneBridge USA, added, “This pilot is another tangible result of the great support that Microsoft is contributing to help us launch our solution in the marketplace.  We continue to work together with Microsoft’s sales teams to pursue opportunities that currently total approximately 350,000 miles in aggregate of U.S.-based oil and gas pipelines.”

The initial revenue associated with this contract is a nominal fixed fee which recovers OneBridge costs associated with the project. OneSoft’s objective is to retain this Client as a commercial customer that uses CIM on an ongoing basis to generate recurring revenues in accordance with the Company’s software-as-a-service (“SaaS”) business model.

ABOUT THE CLIENT

The Client is a USA-based company which, together with its publicly traded partnerships, is a leading North American provider of midstream energy services to consumers of natural gas, natural gas liquids (“NGLs”), crude oil, refined products and petrochemicals. The Client currently has an asset base that exceeds $50 billion, due to expansions from organic growth opportunities and acquisitions.  Its operations include multiple NGLs, crude oil and natural gas storage facilities, refineries, processing plants, comprehensive terminal and transportation systems, natural gas marketing and an extensive list of petrochemical and refined products and services. The Client’s major projects include significant investments in software and technology to streamline operations, reduce costs and provide for future growth.

ABOUT THE CIM PILOT PROJECT

Pursuant to the terms of the arrangement, OneBridge will normalize the Client’s inline inspection (“ILI”) data for segments of its pipeline, ingest and classify the data, and align all features to calculate anomaly growth rates. Using OneBridge proprietary Pattern Detection and Interacting Threats data science algorithms, the solution is designed to detect threats using Predictive Analytics, while providing advanced business intelligence, graphical presentations, and reporting of the data that assists clients 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.

OneBridge utilizes proprietary data science and machine learning algorithms, and predictive analytics applied to structured and unstructured big data on a highly scalable level to provide pipeline companies with the functionality they require to safely operate, manage and maintain their pipeline infrastructure as smart assets. The OneBridge CIMTM solution is deployed as a SaaS application leveraging Data Science, Azure Machine Learning, Microsoft Power BI Embedded and other components of the Microsoft Azure: Cloud Platform and Services.

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.

OneBridge develops and markets revolutionary new SaaS solutions that use data science and Machine Learning and predictive analytics applied to 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.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 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.

 

OneBridge to Present with Microsoft at PPIM 2018 Conference

Edmonton, Alberta, Canada (January 24, 2018) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V:OSS), is pleased to announce that its wholly owned subsidiary, OneBridge Solutions, Inc. (“OneBridge”), will be presenting its software solutions to potential new customers at the 30th International Pipeline Pigging & Integrity Management (“PPIM”) Conference to be held at the George R. Brown Convention Centre and the Marriott Marquis Hotel in Houston, Texas between January 29th and February 1 , 2018. OneBridge Canada President Tim Edward and OneBridge USA President Brandon Taylor and Microsoft representatives will co-host demonstrations at their shared booths.

Microsoft’s specialized oil and gas sales personnel who work out of Microsoft’s Houston-based Technology Center will be present at OneBridge’s trade booths (#549 and #648).

Management Commentary:

“PPIM is a one-stop global event for the pigging and integrity management industry,” said Tim Edward. “We are excited to work collaboratively with Microsoft teams again this year to demonstrate phase two of our Cognitive Integrity Management (“CIM”) solution and to explain the advantages and benefits of using new machine learning technology based on Microsoft’s cloud platform and services.”

OneBridge will present its Cognitive Integrity Management solution

  • OneBridge will present its CIM software solution which utilizes Machine Learning and other Data Sciences to ingest inline inspection (“ILI”) data, match anomalies run over run and uses predictive analytics to assist pipeline operators to achieve their objective of zero pipeline failures.
  • OneBridge will also be presenting information about phase two of its CIM solution. OneBridge recently announced a working relationship with Phillips 66 and phase two will be a product of that relationship. This new phase will provide pipeline assessment plan tracking, integrity compliance, and threat tracking.

PPIM is the largest pipeline integrity conference in the world.

  • PPIM Conference is devoted exclusively to pigging for pipeline maintenance and inspection, as well as pipeline integrity evaluation and repair.
  • More than 2,000 engineering management and field operating personnel from both transmission and distribution companies concerned with improving operations and integrity management, and manufacturers and suppliers from around the world are expected to attend PPIM, to learn about the latest in technology and field experience presented by industry leaders. Attendees can also update their knowledge and skills at numerous training courses offered at the conference
  • Presentations by leading industry participants will include ILI data assessment, external coating inspection with ILI tools, new regulations, and transformative technologies.

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.

OneBridge 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.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 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.

Another US-Based Fortune 500 Company Adopts Onesoft’s CIM Solution for Pipeline Integrity Management and Data Analytics

Edmonton, Alberta, Canada (January 11, 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 an agreement with another Fortune 500 company (the “Client”) to use Cognitive Integrity ManagementTM (“CIM”) as an integral component of its pipeline integrity management process. CIM is a SaaS solution that incorporates proprietary machine learning algorithms and other data science components of Microsoft Azure and cloud technologies to manage and conduct predictive analytics on big data pertaining to oil and gas pipelines.

“We are pleased that another customer who initially commenced using CIM on a pilot project trial basis has now transitioned to use CIM on an ongoing, commercial basis” said Tim Edward, President of OneBridge. “This corroborates our belief that machine learning and data science cloud technologies can deliver better data management and analytics than legacy solutions provide, and that incorporating CIM as an integral component of pipeline integrity management provides a high-value proposition for pipeline operators.”

The Client is a USA-based company, which together with its subsidiaries, is one of the largest petroleum product refiners, marketers and transporters in the United States. Its operations include multiple refineries, comprehensive terminal and transportation systems, extensive wholesale divisions and one of the largest chains of company-owned and operated retail gasoline and convenience stores within the USA. The Company’s major projects include significant investments in software and technology to streamline operations, reduce costs and provide for future growth. A plan to incorporate the Client’s use of CIM through calendar 2018 has been determined, which services will commence immediately.

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.

OneBridge develops and markets revolutionary new SaaS solutions that use data science and Machine Learning to apply predictive analytics to 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.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 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 Engages in Pilot Program with Another Fortune 500 USA-Based Company

Edmonton, Alberta, Canada (December 5, 2017) – 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 Pilot Program agreement with another U.S. based, Fortune 500 petroleum company, whose operations include refineries, retail marketing and transportation of oil and gas products (the “Client”), for evaluation of OneBridge’s Cognitive Integrity ManagementTM (“CIM”) SaaS solution.

“This Pilot Project confirms that another Tier 1 pipeline operator has recognized the value proposition of CIM and has committed to further explore CIM’s capabilities,” said Tim Edward, President of OneBridge Canada. “The initial feedback we’ve received is very positive, as this Client is highly committed to enhance and improve their internal systems and processes to detect threats to their pipeline infrastructure, in pursuit of a zero-failure objective.”

Brandon Taylor, CTO and President of OneBridge USA, added, “Since embarking upon marketing and sales initiatives with Microsoft in September 2017, we have identified potential sales opportunities involving approximately 375,000 miles of pipeline in the U.S. operated by Microsoft customers who are also OneBridge prospects. These miles represent a significant subset of the initial target market we are pursuing and we are encouraged by this first tangible result from our collaborative sales efforts with Microsoft.”

The initial revenue associated with this contract is a nominal fixed fee which recovers OneBridge costs associated with the project. OneSoft’s objective is to retain this Client as a commercial customer who uses CIM on an ongoing basis to produce recurring revenues as is expected from the Company’s SaaS business model.

About the Client

The Client is a USA-based company, which together with its subsidiaries, is one of the largest petroleum product refiners, marketers and transporters in the United States. Its operations include multiple refineries, comprehensive terminal and transportation systems, extensive wholesale divisions and one of the largest chains of company-owned and operated retail gasoline and convenience stores within the USA. The Company’s major projects include significant investments in software and technology to streamline operations, reduce costs and provide for future growth.

About the CIM Pilot Project

Pursuant to the terms of the arrangement, OneBridge will normalize the Client’s inline inspection (“ILI”) data for segments of its pipeline, ingest the data, map certain shape and ILI files, and align anomalies and calculate their growth rates. Using OneBridge proprietary Pattern Detection and Interacting Threats machine learning algorithms, the program is designed to detect threats using Predictive Analytics, while providing advanced business intelligence, graphical presentations, and reporting of the data that assists clients 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.

OneBridge utilizes proprietary Machine Learning algorithms, a single geo-spatial database, and predictive analytics applied to structured and unstructured big data on a highly scalable level that cannot practically be replicated through manual efforts, to provide pipeline companies with the functionality they require to safely operate, manage and maintain their pipeline infrastructure as smart assets. The OneBridge Cognitive Integrity ManagementTM solution is deployed as a software as a service (“SaaS”) solution leveraging Data Science, Azure Machine Learning, HoloLens, Microsoft Power BI Embedded and other components of the Microsoft Azure: Cloud Platform and Services.

About OneSoft Solutions Inc.

OneSoft Solutions Inc. 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.

 

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

(416) 565-2805

 

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 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, 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 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.