OneSoft Solutions Inc. (the “Company” or “OneSoft”)
(TSX-V:OSS, OTC:OSSIF) is pleased to announce Robin
Magelky, B.S., M.S., P.E., has joined the sales team of its wholly
owned subsidiary, OneBridge Solutions, Inc. (“OneBridge”), as a
Senior Sales Engineer. Mr. Magelky brings more than 15 years of
industry and professional expertise to support OneBridge’s sales
initiatives. He joins OneBridge with a wealth of experience related
to pipeline integrity management services and software expertise,
having spent more than a decade in various senior roles including
Senior Director of Integrity Management Services with a US-based
software and engineering services provider, where he managed
accounts with numerous Fortune 500 pipeline operators. Mr. Magelky
has published many industry-specific articles and has been a
speaker at several industry conferences focused on various pipeline
matters.
Mr. Magelky’s engagement is highly complementary to OneBridge’s
plans to expand its Cognitive Integrity Management (“CIM”) solution
through integration of its “Polaris” project, which is a
comprehensive pipeline asset management SaaS solution being
developed in collaboration with Phillips 66 Company. He will be
assisting with the management of key customer accounts, new account
lead generation, and guidance of new product functionality that
supports the industry objective of zero pipeline failures.
“I am delighted to be joining the OneBridge team of experts
given the great potential I see with CIM, which I strongly believe
is poised to become the industry’s pipeline integrity management
solution of choice. The ability to leverage the power of data
science, predictive analytics, machine learning and cloud
technologies is exactly what the industry requires today to deliver
higher value data management, pipeline threat identification, and
documentation to support safety management,” stated Robin Magelky,
Senior Sales Engineer, OneBridge.
“Robin’s wealth of industry experience together with his
professional engineering skills make him an important addition to
our team. We are encouraged that industry professionals such as he,
recognize the value and importance of our technology and
strategies,” remarked Tim Edward, President of OneBridge Canada.
“Our continued innovation and increasing interest from prospective
clients renders Robin’s appointment as being timely to meet our
objectives,” added Brandon Taylor, President and CTO of OneBridge
USA added.
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”) Cloud, in
conjunction with Office 365, Microsoft BI and Microsoft Azure
Machine Learning and Cloud services. 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.
About OneBridge Solutions Inc.
OneSoft’s wholly owned subsidiary, OneBridge Solutions Inc.
develops and markets revolutionary new SaaS solutions that use data
science, Machine Learning, predictive analytics and ILI 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, CEOdkushniruk@onesoft.ca(780) 437‐4950
Sean Peasgood, Investor RelationsSean@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.
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