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VANCOUVER BC / TheNewswire / June 1, 2015 -- Eight Solutions Inc. (CSE:ES) ("Eight" or the "Company") announces the release of its unaudited consolidated interim financial results for the first quarter ended March 31, 2015. All figures are in Canadian dollars.

Q1 2015 Financial Update

• -Revenue for the first three months of 2015 reached $6.4 million, a 56% increase over Q1 2014 and the strongest revenue quarter to date for the Company.

  -Net income for the first three months of 2015 was $5.3 million, a 75% increase over Q1 2014 and the strongest net income quarter to date for the Company.

  -Included in net income is a gain on the sale of the Company's 3D studio business for $5.8 million.

  -This gain does not include the additional $1 million annual licensing fee revenue plus royalty revenue of up to $1 million annually from the Company's 3D Software Licence Agreement with Prime Focus Ltd. ("Prime Focus"). Nor does it include the approximately $1 million in annual revenue from the Technical Support Agreement with Prime Focus. These amounts will be recognized throughout the term of the Software Licence Agreement and Technical Support Agreement, respectively.

Q1 2015 Operational Update

• -The Company completed the 3D conversion for the feature film Insurgent.

  -The Company completed the transaction with Prime Focus, which included the sale of its 3D service business and agreements to license technology and provide technical support.

  -Pursuant to the Prime Focus transaction, the Company changed its name to Eight Solutions Inc.

  -With the Prime Focus transaction now complete, the Company is positioned to focus on the development and commercialization of its Cumul8 and Reelhouse technologies.

Q1 2015 Financial Summary

"This has been our best quarter in the Company's history," says CEO Rory Armes. "With the 3D service side of the business now sold, our c ore focus is on aggressively building Cumul8 and increasing customer adoption."

About Eight Solutions

Eight Solutions Inc. is a technology and software company led by a team of gaming industry veterans. The Company creates and develops elegant technology solutions where science and art are brought together to solve business challenges. Eight's portfolio includes a 3D technology division; Cumul8, a data analytics solution focused on data visualization; and Reelhouse, an online entertainment distribution community. For more information, visit www.eightsolutions.com.

On Behalf of the Board of Directors

"Rory Armes"
Rory Armes
Chief Executive Officer and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Eight believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

For more Information, please contact:

Danielle Rockel
Vice President of Corporate Affairs
Danielle@eightsolutions.com
Suite 100, 138 East 7 th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855

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