Vancouver, BC / TheNewswire / January 16, 2017 - Eight Solutions Inc. (TSXV:ES) (“Eight Solutions” or the “Company”) is pleased to announce the Company has been engaged to install its Cumul8 big data platform into two new US mills.  Already installed in a number of mills in both Canada and the US, this new engagement represents the continued penetration into the forestry sector with the Company’s Cumul8 big data platform.  Cumul8’s smart data agents gather raw data from sensors, PLCs (programmable logic controllers) and any other form of data across the entire mill and, by utilizing the cloud, assemble all raw data into a single, usable system. Cumul8’s live visual and analytic tool kits enable users to discover operational trends and make predictions with the outcome of seeing otherwise hidden trends to improve operating performance and increase revenue.  This is the Cumul8 “Connected Mill” platform.

 

“We continue to execute on our roadmap to install and expand our Cumul8 platform across the lumber industry” says Rory Armes, Eight Solutions CEO.  “The ability to deploy our data agents and big data platform across an entire mill is not only exciting, but it will also help us prove that the visual and predictive nature of big data can truly provide a win to businesses. To connect an entire mill also further enhances the application and the use of our Cumul8 platform in forestry.  This broader application and use of our software will be helpful as we extend the Cumul8 platform into other industries.”

 

In other business, the Company has issued 450,000 common shares to one of its creditors to convert a debt of $90,000.

 

About Eight Solutions Inc.

 

Eight Solutions is a technology company led by a team of video gaming industry veterans. Eight Solutions’ Cumul8 big data platform (www.cumul8.com) can assist businesses to increase revenues, lower operational costs and improve efficiencies by enabling new actionable insights.  Cumul8 is an Industry 4.0 enabler by providing superior data collection (from machines and any source), analytics and communications – real-time from machine sensors through the cloud to the corporate boardroom.  Eight Solutions’ Human Centric Design methodology delivers these improved operational insights in an easy to understand and pertinent visual manner that can be incorporated into any company’s critical decision processes.  Eight Solution's portfolio also includes an award-winning 3D technology licensed to the film industry and Reelhouse, a unique video-on-demand (VOD) and recently added subscription VOD (SVOD) platform that allows films makers to distribute their content directly to users. For more information, visit www.eightsolutions.com.

 

On Behalf of the Board of Directors

“Rory Armes”
Rory Armes
Chief Executive Officer and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Eight Solutions believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

For more Information, please contact:

Investor Relations
investor.relations@eightsolutions.com
Suite 100, 138 East 7th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855