OneSoft Solutions Presenting to Investors at The LD 500 Virtual Conference
OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) announced that President and COO Brandon Taylor will present at the LD 500 investor conference on September 3, 2020. Despite COVID-related delays, the company reported ongoing sales projects across multiple countries, and its Innovation Lab is exploring initiatives to expand market reach. OneSoft maintains a strong balance sheet with $9.5 million in cash and no debt. Investors are encouraged to review the company's Q2 MD&A for further insights.
- Engaged in multiple sales projects across the U.S., Canada, Australia, Brazil, Argentina, and the Middle East.
- Strong financial position with $9.5 million in cash and no debt.
- Ongoing COVID-associated delays impacting operations.
EDMONTON, AB / ACCESSWIRE / August 28, 2020 / OneSoft Solutions Inc. (the "Company" or "OneSoft") (TSXV:OSS)(OTCQB:OSSIF) a North American developer of cloud-based business solutions, announces that President and COO Brandon Taylor will present at the LD 500 investor conference on Tuesday, September 3, 2020 at 11:00am PST / 2:00pm EST. Mr. Taylor will also host one-on-one investor meetings throughout the day.
"Despite certain Covid-associated delays, OneSoft has had a very busy and productive year to date. We are currently involved in numerous sales projects with prospective clients in the U.S.A., Canada, Australia, Brazil, Argentina and parts of the Middle East," said Mr. Taylor. "Additionally, our Innovation Lab is investigating several projects that should increase our markets, and the first of our Direct Assessment solutions are now being deployed in private preview mode, to address both piggable and non-piggable pipelines. We urge readers to review our Q2 MD&A for more information about operations. Our balance sheet remains strong with
To view Mr. Taylor's video presentation or book a meeting, register here: https://ld-micro-conference.events.issuerdirect.com/
"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space." stated Chris Lahiji, Founder of LD.
The LD 500 will take place on September 1st through the 4th.
View OneSoft Solutions' profile here: https://www.ldmicro.com/profile/OSS.V
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About OneSoft and OneBridge
OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft [MSFT] Azure Cloud Platform. Our 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. Visit www.onesoft.ca for more information.
OneSoft's wholly owned subsidiary, OneBridge Solutions Canada Inc., develops and markets revolutionary new SaaS solutions that use advanced Data Sciences and Machine Learning to analyze big data using predictive analytics 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.
About LD Micro
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.
For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.
For more information, please contact
Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
780-437-4950
Sean Peasgood, Investor Relations
Sean@SophicCapital.com
647-494-7710
Forward-looking Statements
This news release contains forward-looking statements relating to the future operations 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 to deliver 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 labor and services; the efficacy of its software; our interpretation based on various industry information sources regarding the total miles of pipeline in the USA and globally, which segments are piggable; our understanding of metrics, activities and costs regarding evaluation, inspection and maintenance is in alignment with various industry information sources and costs of performing pipeline evaluation, inspection and maintenance in the USA are representative of those in the rest of the world, are reasonably accurate; 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; ability to access sufficient 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 because 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.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: OneSoft Solutions Inc.
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