Mr. Gabriel Rene reports

VERSES AI ANNOUNCES FIRST GENIUS BETA PARTNER: NALANTIS, A NEXT-GEN LANGUAGE TECHNOLOGY PARTNER

Nalantis will be the first participant in Verses AI Inc.'s private Genius beta program, which aims to advance and redefine AI (artificial intelligence).

Nalantis is a next-generation language technology company bridging the gap between processing and understanding data. Its solution integrates semantics, linguistics, machine learning and deep learning to foster semantic language representation and the analysis of unstructured text. Nalantis improves the analysis of documents and allows a contextual understanding of text from documents, videos and other sources.

Nalantis is a partner of Verses in the Flying Forward 2020 project and also part of another European Union (EU)-funded project SEMCITY, that aims to make regulations universally accessible for civil servants, residents and businesses using AI-powered technologies. The project addresses a market of over 2,500 municipalities in the EU, and will enable legal digital services around local, national and European regulations and legislation.

The private beta program, which will initially consist of 10 strategic companies, is an example of Verses AI's commitment to innovation and is designed to harness the collective expertise of industry leaders. Management believes that the addition of Nalantis to the Genius beta program reflects a strategic move to expand the horizons of intelligent software systems.

"The addition of Nalantis to the Genius beta program is a milestone for Verses as they are the first participant we can announce. Additionally, their expertise in natural language processing adds a new dimension to our collaborative efforts and to the advancement of Genius capabilities. We are aiming to achieve groundbreaking results as we work together with the goal of shaping the future of AI," said Gabriel Rene, Verses chief executive officer and founder.

"Our partnership with Verses AI has the potential to advance our mutual technologies into a more innovative offering to influence multiple industries, including autonomous compliance, human resources management and governmental systems," said Frank Aernout, CEO of Nalantis.

About Verses AI Inc.

Verses is a cognitive computing company specializing in next-generation artificial intelligence solutions. Its flagship offering, Genius, is inspired by natural systems and human cognition. Genius can adapt, learn and integrate with the Institute of Electrical and Electronics Engineers' open spatial Web standard P2874. Key features of Genius include generalizability, spatial Web standards integration, predictive queries, real-time adaptation and an automated computing network. Built on open standards, Genius transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature.

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