OneSoft Solutions to Present at the 2019 LD Micro Virtual Conference

LOS ANGELES, CA / ACCESSWIRE / March 12, 2019 / OneSoft Solutions Inc. (TSX-V: OSS.V; OTCQB: OSSIF) (the “Company” or “OneSoft“), today announced that it will be presenting at the second annual LD Micro Virtual Conference on Wednesday, March 13, 2019 at 10am PST/ 1pm EST. President and COO Brandon Taylor will be giving the presentation and answering questions from investors.

You can access the live presentation at the following link: OneSofts LD Micro Virtual Presentation.

To register for the event and receive updates, click here.

“The solutions we developed in collaboration with Phillips 66 are gaining increased momentum and resulted in a recent balance sheet cash infusion,” said Mr. Taylor. “In January, we reported a record revenue quarter, and momentum for our solutions continue; this year, we’ve already signed two new clients, including one energy industry Super-major, and a U.S. conglomerate. We’re excited to share these developments with existing and prospective investors at the second annual LD Micro Virtual Conference.”

“We are delighted to be hosting our second virtual event in order to showcase some of the truly unique names in micro-cap,” stated Chris Lahiji, President of LD Micro. “There are a great number of people and companies who are unable to attend our live events, due to any number of reasons, so we are happy to offer an additional way for companies to present to investors without taking a lot of time out of their day-to-day operations. While virtual events will never replace the experience of sitting in the same room as other humans, it is a great format for updating the investor community and getting increased exposure.”

The conference will be held via webcast and will feature over 40 companies in the small / micro-cap space.

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

Profiles powered by LD Micro – News Compliments of Accesswire

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 counter parties 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.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting 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 microcap universe.

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

OneSoft Ranks 4th in the Technology Sector on the 2019 TSX Venture 50

Edmonton, Alberta, Canada (February 22, 2019) – OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”) is pleased to announce that the Company has been ranked  the fourth highest top performer in the Technology sector on the TSX Venture Exchange.  The 2019 TSX Venture 50 list is comprised of 10 companies from each of five industry sectors, with selection criteria based on equally weighted factors of market capitalization growth, share price appreciation and trading volume. OneSoft recorded market capitalization growth of 136% over the prior year, traded 29,408,991 shares during 2018, and the Company’s share price increased 96% year over year.

“Qualifying for the TSX Venture 50 is a great honor and achievement, particularly by having reached this milestone so early in our pursuit of new cloud computing software opportunities. Our participation in Microsoft’s first Acceleration program for machine learning and data science, followed by the adoption of our revolutionary solutions by five prominent clients to date, including Fortune 500 companies and an industry super-major, has set the stage for continued success for all of OneSoft’s stakeholders as we progress from our R&D phase to focus on revenue growth,” stated Dwayne Kushniruk, CEO. “We greatly appreciate the contributions of our employees and support of our shareholders and clients who embrace our vision, and thank the TSX Venture Exchange for this recognition.”

For the full 2019 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50.  Click here to see OneSoft’s video.

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.

U.S. Conglomerate Licenses OneSoft’s SaaS for Pipeline Integrity Management

OneSoft Adds Fifth CIM Licensee

Edmonton, Alberta, Canada (February 20, 2019) – OneBridge Solutions Inc. (“OneBridge”),  a wholly owned subsidiary of OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”) is pleased to announce that another software trial client (the “Client”) has adopted OneBridge’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service solution for long-term use. The Client is a subsidiary of a large conglomerate that operates pipelines situated primarily in the mid-west U.S.A. and Texas.

“We have been working with this Client to develop what we believe is the most advanced cloud computing platform that leverages Machine Learning and Data Science for management of pipelines,” said OneSoft President and COO, Brandon Taylor. “We look forward to continued collaboration with their team members as we continue to enhance our solutions, for the benefit of the oil and gas pipeline industry and our business.”

The Client engaged in a Pilot Project using OneBridge CIM 2.0 in September, 2017 and subsequently began participating in the CIM 3.0 Private Preview program 8 months later, wherein OneBridge migrated software intellectual property provided by Phillips 66 to function as a cloud solution. The Client intends to initially operate CIM enterprise-wide in parallel with its internal systems, with a view to ultimately adopt CIM as its primary solution to manage its pipeline infrastructure later this year.

“Having previously developed an internal comprehensive on-premise software system to manage their pipelines, the Client is recognized as one of the most progressive pipeline operators in the U.S.A.,” said OneBridge President, Tim Edward.  “Their team has provided valuable expertise and user feedback that greatly assisted the CIM 3.0 development project, for which we are most appreciative.”

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 Record Revenue Quarter for the Three Months ended November 30, 2018


Sales Momentum is Accelerating Following the Completion of CIM 3.0

EDMONTON, AB / January 24, 2019 / 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 three and nine months ended November 30, 2018. 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 and nine months ended November 30, 2018 filed on SEDAR at www.sedar.com for more information.

FINANCIAL SUMMARY FOR THE THREE AND NINE MONTHS ENDED NOVEMBER 30, 2018

The following chart summarizes the third quarter ended November 30, 2018, compared to November 30, 2017:

  • Revenue for the quarter increased 95.4% year-over-year, from $260,343 to $508,732, primarily due to a near doubling of the Company’s revenues from Cognitive Integrity ManagementTM (“CIM”) solution.

  • Gross profit for the quarter increased 82.5% year-over-year, from $215,944 to $394,153. Gross margin remained strong at 77% this quarter as the Company continues to benefit from high software margins. 

  • Expenses for the quarter increased 30.7% year-over-year, due to additional staff hires, general and administrative expense, and increases in internal use Azure costs and sales and marketing expenses. Azure usage was cost-free in the comparative quarter last year, as the Company was still exhausting its USD $0.5 million Azure credit granted by Microsoft pursuant to the Company’s participation in Microsoft’s Accelerator program. 

  • The comprehensive loss for the quarter was $738,084 as compared to $629,229 in Q3 last year. 

  • Ended the quarter with $2.2 million of cash, no debt, and no outstanding warrants.

“Third quarter revenues nearly doubled year-over-year and we believe the Company is well-positioned to accelerate growth,” said Dwayne Kushniruk, OneSoft’s CEO. “We made important advancements during the quarter by engaging four prospective clients to participate in Cognitive Integrity ManagementTM (“CIM”) software trials and signing our first commercial client for CIM 3.0. Our product development work during the quarter resulted in completion of our more feature-rich CIM 3.0 solution, which in turn has led to the engagement of additional commercial clients. We expect cash to increase by approximately $1.5 million within the next month as a result of these and other developments.” 

On October 30, 2018, OneBridge won the prestigious 2018 ASTech Foundation award which included a $10,000 prize, for Outstanding Achievement in Energy and Environmental Innovation.

OPERATIONAL HIGHLIGHTS IN THE QUARTER ENDED NOVEMBER 30, 2018

  • Focused on the Phillips 66 PT-DMS software development project, which we completed in December 2018.

  • Advanced CIM 3.0 marketing and sales efforts, both directly with prospective clients and collaboratively with our sales partners, Microsoft and WorleyParsons. 

  • On September 24, 2018, the Company engaged its first multi-year client for CIM 3.0 and subsequently released CIM 3.0 for general commercial availability on October 18, 2018.

  • As announced on September 17, 2018, the Company engaged four potential clients in software trial programs, who collectively operate 68,000 miles of oil and gas pipeline infrastructure in North America. 

  • Engaged a consulting firm to help the Company improve its sales processes, including comparing the value proposition of CIM solutions with systems currently used by prospective clients to maintain their pipeline assets. The objectives are to quantify and articulate the value that CIM, digital transformation, and cloud computing can provide to such clients, and to identify avoidable costs that use of CIM might prevent. This project may result in revised pricing for the Company’s solutions in the future.

SUBSEQUENT TO QUARTER END

BUSINESS OUTLOOK

The Company’s past research and development (“R&D”) activities and focus on early innovator and adopter clients is evolving to position the Company for growth. While revenue was minimal during the Company’s R&D phase, we anticipate that revenue growth will begin to accelerate as more clients adopt our solutions.

With four clients (including several Fortune 500 companies and one Super-major) now contracted to use our technology, we believe OneBridge solutions has achieved a milestone that will assist in the pursuit of greater wins with large companies. We are optimistic for near-term progress in this regard for several reasons:

  • As the experiences of our innovator and early adopter clients becomes known within the industry, and particularly considering those who are highly regarded as leaders in innovation by industry peers, reluctance to embrace our new technology solutions is anticipated to diminish. Whereas relatively few companies wish to incur risks associated with being first, the majority of companies tend to adopt once the value of new technology is proven by industry leaders.
  • A number of our prospective customers have been engaged in sales processes for many months and are approaching decision points. These interactions have provided valuable insight into a wide range of client operational strategies, as well as access to a vast amount of data, which has allowed us to refine our machine learning algorithms and thereby deliver continually enhanced functionality based on shared learning for clients. Analyses of data from multiple operators that represent a wide range of operational logistics is highly advantageous over single operator or single inspection tool datasets. Access to this data also gives us a competitive advantage over future potential competitive machine learning solutions. Our algorithms allow operators to retain their data confidentiality, while still benefiting from the shared learning that is gleaned across all operators’ data. We believe that this is a primary consideration that may eventually motivate even the pipeline operators who currently depend on in-house software systems to adopt CIM, as their analyses will only ever contemplate their own data, without access to benefits of shared learning.
  • We believe that being first to market with validation by industry leaders, collaboration with key technology and sales partners with global reach, and a strategy to continue to deliver cutting-edge technology solutions, collectively provide a significant competitive advantage that the Company will be able to leverage for the foreseeable future.

As announced in October 2018, Management has changed the Company’s year end from February 28 to December 31, to synchronize with common fiscal reporting periods for technology and oil and gas companies as well as to align our sales activities with customers’ budget cycles and better facilitate analysis of our Company amongst industry peers. For the 10-month fiscal year ending December 31, 2018, revenue is expected to quadruple over the prior fiscal year (comprising 12 months of operations), to exceed $4 million. This revenue bump results from the recognition of $2 million of deferred revenue previously recorded, additional revenue associated with the Polaris development project, and other sales. While the revenue bump is not all SaaS recurring revenue, it is conceivable that the Company may undertake similar development projects in the future which may produce similar revenue events.

As a result of these and other recent operational events, the Company expects cash to increase by $1.5 million, to approximately $3.3 million by the end of February 2019. Management’s objective is to achieve cash positive operations during calendar 2019 through on-boarding of new clients, and we anticipate the Company will not require further financings to fund the business plan as currently envisioned.

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.

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.

LD MicroCap

OneSoft Completes Key Development Project Cash Infusion Strengthens Balance Sheet

Cash Infusion Strengthens Balance Sheet

EDMONTON, AB / January 14, 2019 / OneSoft Solutions Inc. (TSX-V: OSS; OTCQB: OSSIF) (the “Company” or “OneSoft”) is pleased to announce that its wholly owned operating subsidiary, OneBridge Solutions Inc. (“OneBridge”), has achieved a significant business development milestone by completing the Polaris development project initiated with Phillips 66 Company in January, 2018.

Pursuant to the terms of the agreement entered into at the commencement of the Polaris project, Phillips 66 has now replaced its internally developed PT-DMS software with CIM 3.0, a cloud based pipeline integrity management application incorporating:

  1. Assessment Planning, including enterprise level planning, scheduling and business intelligence;
  2. Integrity Compliance, wherein internal company policy and regulatory compliance conditions 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.to manage integrity and maintenance of its pipeline assets.

Completion of Polaris will enable OneBridge to recognize revenue in December 2018 earned from the development project.

“We are pleased to have completed the Polaris development project, wherein Phillips 66’s internal software IP has been migrated to the cloud as our CIM 3.0 solution,” stated OneSoft President and COO, Brandon Taylor. “This was an extensive project that progressed flawlessly, thanks to the dedication and cooperation of all involved. I’d like to extend my deep appreciation to the Phillips 66, Microsoft and OneBridge personnel who contributed their talents and efforts to assist in completing the effort, on time and on budget.”

“Several clients have adopted CIM after lengthy and comprehensive investigation of our solutions through Pilot and Private Preview programs,” added OneBridge President, Tim Edward. “Our software trials have demonstrated the high value proposition that Machine Learning and advanced Data Analytics can provide over conventional systems. It is certainly encouraging that four industry-leading clients, including Fortune 500 companies and one industry super major, have chosen CIM as their core system to maintain and manage their pipeline assets. We believe we may be approaching a tipping point whereby reluctance to adopt our revolutionary solutions is fading as more industry leaders embrace them.”

Dwayne Kushniruk, OneSoft CEO, remarked, “Completion of this development sprint and the engagement of new clients as announced last week are milestone events and substantiate that our plans to progress the Company are occurring as anticipated. These events serve to elevate the credibility of our cutting-edge technology which we expect will assist to accelerate future sales and revenue growth.”

Cash Balance Expected to Increase to $3.3 Million

Management previously announced its intention to revise the Company’s fiscal year-end From February 28 to December 31, to coincide with year-ends commonly used by clients and other industry vendors. As a result of recent operational events, revenue for the revised fiscal year ended December 31, 2018 (for ten months of operations) will quadruple over the prior fiscal year (12 months of operations), to exceed $4 million. This revenue bump arose from recognizing $2 million of deferred revenue previously recorded and additional revenue associated with the Polaris development project, and other sales. While the revenue bump is not all SaaS recurring revenue, it is conceivable that the Company may undertake similar development projects in the future which may produce similar revenue events.

As a result of these recent operational events, the Company expects cash to increase by $1.5 million to approximately $3.3 million within the next month. Management’s objective is to achieve cash break-even status during calendar 2019 through on-boarding of new clients, and we anticipate the Company will not require further financings to fund the business plan as currently envisioned.

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.

SNNLive: Watch Interview with Brandon Taylor, President and COO of OneSoft Solutions, Inc.

SNNLive spoke with Brandon Taylor, President and COO of OneSoft Solutions, Inc. at LD Micro “Main Event” 2018 in Bel Air, CA, and they discuss the following topics:

– Overview and history of OneSoft Solutions, Inc.

– How the company’s technology works

– Competitive advantage

– Milestones for last 6-12 months

– Mr. Taylor’s background

Watch video here!

OneSoft Subsidiary Announces Two New Clients, Including One Industry Super-Major

EDMONTON, AB / January 7, 2019 / OneBridge Solutions Inc. (“OneBridge”), a wholly owned subsidiary of OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”) is pleased to announce that Sinclair Oil Corporation and an oil and gas industry Supermajor have adopted OneBridge’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service solution for long term use, following successful software trials announced in September and June of 2018.

“These two clients chose CIM after lengthy and comprehensive Pilot Project investigations of our solutions,” stated OneBridge President Tim Edward. “Our software trials enable clients to experience the high value of Machine Learning and advanced Data Analytics capabilities embedded in our solutions, which cloud computing makes possible.”

Both clients selected CIM as the core component of their pipeline integrity management processes. CIM addresses 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 conditions 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.

“The diversity of these clients provides strong validation that OneBridge solutions are scalable for use by a wide range of oil and gas pipeline operators,” added OneSoft President and COO Brandon Taylor. “Through the process of engaging these clients, the company has achieved a significant milestone in cloud-based security. During the pilot, CIM passed a very stringent vulnerability assessment test conducted by a Supermajor, and this benefit is now shared across all clients who have adopted CIM as their foundational methodology to maintain and manage their pipeline assets. CIM evolves each time the company participates in such evaluations, and all our clients benefit from each iterative step of evolution.”

About The Clients

Sinclair Oil Corporation is a family-owned, vertically-integrated oil company founded more than 100 years ago, which has grown through high entrepreneurial spirit over the past century to become one of the oldest, continuous, U.S.A. brands in the oil business today. Based in Salt Lake City, Utah, the company is involved in all aspects of the industry including oil and gas exploration, motor fuel distribution, refineries, and operation of more than 1,400 company owned retail locations spanning 28 states, all identified by the company’s “Dino the Dinosaur” iconic branding.

The Supermajor client is a large publicly traded oil and gas industry leader focused on innovation and digital transformation of its businesses through the use of Microsoft Azure and other cloud platforms.

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 Renews Engagement of Sophic Capital for Capital Markets Advisory Services

Edmonton, Alberta, Canada (December 31, 2017) – OneSoft Solutions Inc. (the “Company” or “OneSoft”) (TSX-V: OSS; OTCQB: OSSIF) announced today that it has renewed the appointment of Sophic Capital Inc. (“Sophic Capital”) as its Capital Markets Advisory firm. As part of the contract renewal, Sophic Capital will continue to manage OneSoft’s investor relations activities, focusing on increasing investor awareness of OneSoft by advancing its communications strategy with shareholders, investors, investment dealers and other financial professionals. OneSoft’s engagement with Sophic Capital is a 12-month term, on a fee-for-services basis of $7,000 per month. In addition, OneSoft has granted Sophic 400,000 options to purchase OneSoft shares at a price of $0.47 per share. Options will vest over 12 months and unexercised vested options will expire ninety (90) days after Sophic Capital ceases to provide services to the Corporation, or in any event on December 27, 2021.


About Sophic Capital

Sophic Capital is a capital markets advisory firm for public and private growth companies, specializing in developing complete capital markets strategies for companies across all stages of development. Sophic Capital’s depth of knowledge in the technology sector, clean technology and special situations markets combined with decades of experience working in the capital markets, makes it an ideal partner to help lower the cost of capital and accelerate growth. For more information, visit www.sophiccapital.com.

Sophic Capital is a capital markets advisory firm for public and private growth companies, specializing in developing complete capital markets strategies for companies across all stages of development. Sophic Capital’s depth of knowledge in the technology sector, clean technology and special situations markets combined with decades of experience working in the capital markets, makes it an ideal partner to help lower the cost of capital and accelerate growth. For more information, visit www.sophiccapital.com.


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.

About OneSoft and OneBridge


OneSoft’s wholly owned subsidiary, OneBridge Solutions Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning, Predictive Analytics and Big Data to assist Oil & Gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com for more information

For more information, please contact:


Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
(780) 437‐4950


Sean Peasgood, Investor Relations
Sean@SophicCapital.com
(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

LD MicroCap

OneSoft Solutions to Present at the 11th Annual LD Micro Main Event MicroCap Investor Conference

LOS ANGELES, CA / ACCESSWIRE / November 29, 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 that President Brandon Taylor will be presenting at the 11th annual LD Micro Main Event on Tuesday, December 4, 2018 at 1:30PM PST / 4:30PM EST. Mr. Taylor will also host investor meetings throughout the day.

“The momentum in our business continues to accelerate with new oil and gas pipeline operators engaging in pilots and also converting from pilots into long-term customers,” said Mr. Taylor. “A Fortune 500 company became the first licensee for our latest solution, and we’ve signed more operators (that collectively operate 68,000 miles of pipeline) to pilots. We have a strong balance sheet to execute on our business plan, our cap table remains clean, and our outlook on growth continues to grow stronger. We look forward to sharing these developments at LD Micro Main Event.”

The LD Micro Main Event will take place December 4th, 5th, and 6th, in Los Angeles at the Luxe Sunset Bel Air Hotel, will feature 250 companies, and will be attended by over 1,200 individuals.

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

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.

What started out as a newsletter highlighting unique companies has transformed into several influential events 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.

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 Inc.’s Subsidiary Wins Prestigious ASTech Foundation Award

Machine Learning Solutions Recognized for Outstanding Achievement in Energy & Environmental Innovation

Edmonton, Alberta, Canada (October 30, 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 that its wholly owned subsidiary, OneBridge Solutions Inc. (“OneBridge”), won the ASTech Foundation’s Outstanding Achievement in Energy & Environmental Innovation award. The Company’s innovative cloud computing, Machine Learning solution conducts predictive analytics on oil and gas pipeline data to help operators achieve their objective of zero pipeline failures. OneBridge was selected from three finalists in the Energy and Environmental Innovation category, and was awarded this top honor, along with a $10,000 cash stipend, at ASTech’s 29th annual NextGen Innovators Showcase ceremony held on October 26, 2018.

“We are very pleased that our innovative work to prevent pipeline failures is gaining recognition and acceptance, not only by the industry, but also by the science community,” stated Tim Edward, President of OneBridge. “We would like to thank everyone who has contributed to our receipt of this special recognition, including WorleyParsons who initially nominated OneBridge for consideration for the award, Phillips 66 and Microsoft who contributed compelling support of our achievements considered by the adjudication panel, our employees who have done remarkable work to develop our solutions, our customers and industry followers who have embraced new Machine Learning and digital transformation concepts to progress their operations, and our investors who have supported us in our objective of reducing pipeline failures to save lives and protect the environment.”

About 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. Each award granted 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, with determination of winners by an independent, esteemed judging panel.

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.