QuantGate Announces Successful Strategic Global Partnership with Yosef Cohen

Rhea-AI Summary

QuantGate Systems (OTCQB: QGSI), an AI and Machine Learning SaaS-based Fintech company, has signed an exclusive Affiliate Marketing Agreement with Yosef Cohen, a prominent Israeli fintech figure. The agreement grants Cohen exclusive rights in Israel with a performance threshold of 500 users at USD $395 per month per user. The strategic partnership aims to expand into Arab nations (Saudi Arabia, Kuwait, Jordan) and EU countries, with potential for additional territorial exclusivity based on performance metrics.

Positive

• Secured minimum revenue potential of $197,500 monthly from Israel market (500 users × $395)
• Expansion opportunity into strategic Middle Eastern and EU markets
• Exclusive territorial rights arrangement tied to performance metrics

Negative

• Revenue generation dependent on meeting minimum user acquisition targets
• Success relies heavily on single affiliate's performance in new markets

Toronto, Ontario and New York, New York--(Newsfile Corp. - November 7, 2024) - QuantGate Systems Inc. (OTCQB: QGSI) (the "QuantGate" or "Company"), an Artificial Intelligence ("AI"), Machine Learning ("ML") SaaS-based Fintech solutions company, is pleased to announce the signing of an exclusive Affiliate Marketing Agreement with Yosef Cohen, a prominent figure in the Israeli financial technology sector.

Key Highlights of the Agreement:

1. Exclusive Affiliate Appointment
   1. Yosef Cohen has been appointed as a key Markeing Affiliate for QuantGate Systems Inc., strengthening the company's global reach and market presence.
2. Territorial Exclusivity
   1. Mr. Cohen holds exclusive rights in Israel for QuantGate, based on a minimum performance threshold ("Performance Metrics") of 500 users, with each user subscribing at a USD $395 per month.
3. Strategic Target Territories
   1. Strategic ongoing focus will be on key territories in the Arab nations (Saudi Arabia, Kuwait, Jordan), as well as certain EU countries.
4. Expansion Opportunities
   1. The Affiliate agreement provides avenues for expanded exclusivity in additional territories, contingent upon meeting targeted performance metrics, thereby supporting QuantGate's global growth strategy.

"We are very excited to welcome Yosef Cohen as our exclusive Affiliate in Israel," said Wayne Welter, Chairman of QuantGate Systems Inc. "This strategic collaboration not only secures our presence in Israel but also opens up significant growth opportunities in key Middle Eastern & EU markets. Mr. Cohen's expertise will be invaluable as we expand our global footprint."

"I'm thrilled to collaborate with QuantGate Systems to introduce the advanced Stealth Trader SaaS Platform in Israel and key global markets," stated Yosef Cohen. "This collaboration will empower traders with AI-driven insights, enhancing decision-making and transforming the trading experience in regions where demand for real-time, intelligent trading tools is rising rapidly."

About QuantGate Systems Inc.

QuantGate Systems Inc. (OTCQB: QGSI) (www.quantgatesystems.com) is a publicly-traded fintech company, developing sophisticated Artificial Intelligence (AI), Machine Learning (ML), and proprietary big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. The Opportunity Watchlist is a groundbreaking tool to deliver real-time market insights and data-driven predictions, providing users with a competitive edge through enhanced decision-making capabilities, optimizing real-time execution, and an overall improved trading experience.

ON BEHALF OF THE BOARD OF DIRECTORS

For complete up-to-date information on QuantGate Systems Inc., please visit our website, or the various social media feeds for daily updates: Twitter, Facebook, and LinkedIn.

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Contact Information:

QuantGate Systems Inc.
Wayne Welter, Chairman of the Board
150 Bloor Street West, M103
Toronto, ON, M5S 1M4
E: wayne@QuantGatesystems.com
T: +1 (416) 479 4117

Forward-Looking Statements Disclaimer and Reader Advisory:

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

QuantGate Systems Inc. does not undertake any obligation to update forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in QuantGate filings with the United States Securities and Exchange Commission.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229147

FAQ

What is the monthly subscription price for QuantGate Systems (QGSI) Stealth Trader platform?

The monthly subscription price for QuantGate Systems' Stealth Trader platform is USD $395 per user.

What are the minimum performance metrics for QuantGate Systems (QGSI) in Israel?

The minimum performance threshold in Israel is 500 users subscribing to the platform.

Which countries are targeted for QuantGate Systems (QGSI) expansion through the new partnership?

The partnership targets expansion into Arab nations (Saudi Arabia, Kuwait, Jordan) and certain EU countries.