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.
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