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Onebridge Solutions Inc Pilots First Upstream O G Client

EDMONTON, AB / November 7, 2019 / OneBridge Solutions Inc. (“OneBridge”), a wholly-owned subsidiary of OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”) has received its initial order for use of the Company’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service (“SaaS”) solution from an upstream oil and gas (“O&G”) client. This latest sale was made to a Fortune 100 company whose midstream division adopted the use of CIM in early 2019, and also operates upstream and downstream divisions.

To date, all CIM pilots and licenses have been granted to midstream operators, or to midstream operations of integrated O&G enterprises. This transaction represents the first opportunity for the Company to pilot the concept of adapting CIM for use in the upstream O&G market segment.

“This sale pioneers the opportunity to sell CIM into markets beyond the midstream segment, as was originally envisioned when we first developed the software,” said Tim Edward, President of OneBridge. Brandon Taylor, OneSoft President and COO, added, “This justifies the decisions we made earlier this year to raise additional capital to accelerate R&D efforts, to evolve CIM from a solution to a platform, and to advance our economic consumption SaaS business model. As we add more functionality to address more customer requirements for different segments of the O&G market, we expect future revenue potential to increase accordingly. We are especially pleased that one of our current clients has made the decision to expand the use of CIM into other segments of its business operations.”

Upstream, Midstream and Downstream Oil & Gas Market Segments

The petroleum industry is divided into three major segments: (1) upstream, the exploration and production sector; (2) midstream, wherein crude oil, natural gas and natural gas liquids are processed, stored, marketed and transported; and (3) downstream, which includes refineries, petrochemical plants, distribution, retail outlets and natural gas distribution companies. Historically, all of the Company’s business associated with CIM has been derived from the midstream segment.

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 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.

For more information, please contact

Sheena Sandhu, Marketing Director
ssandhu@onebridgesolutions.com
(604) 313-3262

Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
(780) 437‐4950

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations, product creation revenues and profitability of the Company, the Company’s efforts to develop and commercialize the technology with the capabilities 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 for the purpose of delivering 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.

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