Fortune 50 Oil and Gas Industry Leader Adopts CIM Platform To Progress Digital Transformation for Its Pipeline Operations

EDMONTON, AB / ACCESSWIRE / August 16, 2022 / OneSoft Solutions Inc. (TSXV:OSS; OTCQB:OSSIF) ("OneSoft") today announced that a Fortune 50 oil and gas industry leader (the "Client") has entered into a multi year agreement with OneSoft's wholly owned subsidiary, OneBridge Solutions Inc. ("OneBridge") to adopt Cognitive Integrity Management^TM ("CIM") platform and software-as-a-service products for its pipeline integrity management.

The Client is an international refiner and marketer of transportation fuels and petrochemical products and operates numerous ethanol, renewable diesel plants and petroleum refineries situated in the U.S. and other countries. The Client is recognized for its industry leadership regarding low-carbon fuel production and advancing safety, ESG and philanthropic initiatives as part of its management strategies to benefit stakeholders and the communities in which it operates.

Adoption of CIM will enable the Client to accelerate its digital transformation efforts for its pipeline operations with expectation to escalate efficiencies and reduce costs by leveraging machine learning and data science to enhance its asset integrity management processes.

"We are very pleased to add this Client as a CIM user," said Brandon Taylor, OneSoft President. "Having worked with their team through a comprehensive production trial process, we expect their high degree of expertise and commitment to innovation will result in a timely and successful transition to CIM and result in the benefits envisioned."

About OneSoft and OneBridge

OneSoft has developed software technology and products that have capability to transition legacy, on-premises licensed software applications to operate on the Microsoft 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.

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Forward-looking Statements

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SOURCE: OneSoft Solutions Inc.