18:23:29 EDT Wed 01 May 2024
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OneSoft Solutions Inc
Symbol OSS
Shares Issued 122,098,620
Close 2024-04-08 C$ 0.80
Market Cap C$ 97,678,896
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OneSoft Solutions expands sales operations to EMEA

2024-04-08 11:18 ET - News Release

Mr. Dwayne Kushniruk reports

ONESOFT SOLUTIONS ANNOUNCES EXPANSION OF OPERATIONS TO EMEA

OneSoft Solutions Inc.'s wholly owned OneBridge Solutions subsidiary has established sales operations to target potential customers in the European, Middle East and African regions (EMEA) that collectively operate more than 250,000 miles of oil and gas (O&G) pipelines.

Jason Tuer, a resident of the United Kingdom, has joined the company as sales manager, EMEA. He brings nearly 30 years of specialized experience in pipeline integrity matters and is excited to join the OneBridge team to provide value-driven solutions based on the company's cognitive integrity management platform (CIM).

The company's objectives include expanding the CIM SaaS (software as a service) footprint within EMEA by working with its existing North American based pipeline customers that have international operations, adding net new customers through direct sales efforts, recruiting regional partners that can assist to support this expansion, and participating in industry events and initiatives to build the OneBridge and CIM brand and reputation as the global leading software-as-a-service solution that leverages data management, machine learning and cloud computing technologies to advance integrity and operational management of O&G pipelines.

Brad Eichelberger, OneBridge's vice-president of sales, and Mr. Tuer will attend PTC 2024, Europe's 19th annual leading pipeline conference and exhibition that takes place in Estrel, Berlin, Germany, from April 8 to April 11, 2024, to kick off the company's EMEA sales and marketing initiatives. Megan Scudder, OneBridge's product manager, corrosion, will also attend PTC 2024 and present a paper (titled "Validation of a Probabilistic Corrosion Growth Model") to discuss a simplified method for calculation of pipeline corrosion anomaly growth.

About OneSoft Solutions Inc.

OneSoft has developed software technology and products that have the capability to transition legacy, on premises licensed software applications to operate on the Microsoft Azure cloud platform. The company's 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.

OneSoft's wholly owned subsidiaries, OneBridge Solutions Canada Inc. and OneBridge Solutions Inc., develop and market revolutionary new SaaS solutions that use advanced data sciences and machine learning to analyze big data using predictive analytics to assist oil and gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements.

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