OneBridge Announces Commercial Availability of New Crack Management Module to Integrate with Cognitive Integrity Management

Edmonton, Alberta, Canada (February 12, 2024) – OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (“OneSoft”) is pleased to announce that OneSoft’s wholly owned OneBridge Solutions, Inc. operating subsidiary (“OneBridge”) will showcase several new functionality modules that integrate with OneBridge’s Cognitive Integrity Management® (“CIM”) software-as-a-service (“SaaS”) solution at the Pipeline and Pigging Integrity Management (“PPIM”) conference taking place between February 12 – 16, 2024 in Houston, TX.

 

Crack Management, Incorporating Modified MAT-8 and Pressure Cycle Fatigue Analysis (PCFA)

OneBridge will release its new Crack Management solution for general market use. Based on the technology sharing agreement with TL Anderson Consulting, operated by Dr. Ted L. Anderson, Ph.D., P.E., ASME Fellow, OneBridge has integrated his Modified MAT-8 pipeline fracture prediction model (“Modified MAT-8”) into the Company’s CIM solution. MAT-8 was developed as a Pipeline Research Council International (“PRCI”) project that was strongly validated by pipeline industry experts as the most current and accepted methodology to analyze oil and gas pipeline cracks.

CIM incorporates updates from both Modified MAT-8 and API 579 as they are published and validated, ensuring OneBridge customers remain current with the crack methodologies which today include Raju-Newman, Log Secant, MAT-8, and the latest Modified MAT-8. API 579, published by the American Petroleum Institute, assists pipeline operators to ensure the safe and reliable operation or their pipeline assets by providing guidelines for assessing their fitness for continued service.

The newly released MAT-8  CIM Simplified Fatigue Analysis/Fitness for Service Crack Management functions allow users to perform a basic crack fatigue screening analysis using Crack inline inspection (“ILI”) inspection results. ILI Data is ingested into the CIM platform, similar to CIM’s Corrosion Management module. Pre-analysis reports help users understand the nature of their inspection results, even before any engineering calculations are performed.

Users can then calculate both failure pressures and remaining life for all reported crack-like flaws. Remaining life calculation considers both fatigue and stress corrosion cracking (“SCC”) growth. Users have the option to apply different analytical methodologies, including fixed growth rates, crack-to-crack ILI, or half-life analysis.

The Company’s optional enhanced Crack PCFA Management Module provides the addition of Pressure Cycle Fatigue Analysis – Pressure cycling using Modified Mat-8, which performs full fatigue analysis. Pressure data can be uploaded into the CIM platform with the analysis results supporting further sensitivity studies, the prioritization of anomalies, determination of hydro testing and support of ILI re-inspection intervals.

OneSoft President & COO, Brandon Taylor, commented, “Ted’s Modified MAT-8 model is an important addition to the crack assessment functionality within CIM that will continually evolve as learnings from more crack models and inline inspection datasets improve analytics that customers use to mitigate crack threats to their pipelines. Our arrangement enables customers to run multiple crack models, identify interactive threats and correlate the Modified MAT-8 assessments with other CIM analytics, thereby improving threat detection and mitigation processes for pipelines.”

Internal and External Corrosion Management

Following commercial release to market of the Internal Corrosion Management solution (“ICM”) in 2023, OneBridge will showcase new functionality that has since evolved because of feedback from customers who have adopted and deployed ICM within their organizations. Functionality has been enhanced as a result of input from new subject matter experts and corrosion engineers and from new learnings gained from the ingestion and alignment of additional datasets within the CIM platform.

OneBridge will also demonstrate Phase 1 components, including Atmospheric Corrosion functionality, of its External Corrosion Management solution (“ECM”) at PPIM. The Atmospheric Corrosion functionality streamlines data collection by replacing legacy systems (essentially paper forms and Excel documents) with digital form capture incorporating pertinent information from operators’ Pipeline Open Data Standard (“PODS”) systems.  This enables operators to maintain compliance by monitoring assessments that require mitigation through advanced reporting and prebuilt dashboards, all while documenting newly identified exposures from recent Close Interval Surveys (“CIS”).  Atmospheric Corrosion is first phase of the ECM solution, with subsequent functionality to include alignment, analysis and mitigation management for CIS, CP annual survey, DCVG, and ACVG assessments.

Geohazard Management – Bending Strain

OneBridge will introduce Phase 1 of its Geohazard Management – Bending Strain functionality, which allows CIM users to load and align inertial measurement unit (“IMU”) and pipe bending strain data into CIM, run integrity compliance conditions and initiate dig sheet and mitigation processes within the standard CIM workflow that assists customers to manage multiple types of threats.

 

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 subsidiaries, OneBridge Solutions 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.

For more information, please contact

OneSoft Solutions Inc.
Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
587-416-6787

OneBridge Solutions Inc.
James Moore, VP Marketing
jmoore@onebridgesolutions.com 
346-437-9647

Forward-looking Statements

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