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Eight Solutions to Showcase the Cumul8 Data Analytics and IoT Platform at the 2018 #BCTECH Summit

Tickers: XTSX:ES
Tags: Blockchain, Technology



Vancouver, BC / TheNewswire / May 10, 2018 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company"), a technology company on a mission to make data analytics and distribution easy, will be showcasing its Cumul8 data analytics and Internet of Things (IoT) platform at the #BCTECH Summit taking place May 14-16, 2018 in Vancouver, BC.

The Cumul8 team participated in an IoT Challenge by the Government of British Columbia Ministry of Transportation and Infrastructure and the BC Innovation Council to develop technology solutions for enhancing public safety and transportation efficiency. Out of a total of 40 proposals, Cumul8 was one of five local companies selected to deliver a proof of concept.

The Cumul8 analytics platform proof of concept consisted of ingesting disparate sources of data, such as traffic volume and weather conditions, and visualizing the data in user-friendly dashboards to provide actionable insights about BC roads. For the proof of concept, a variety of variables were incorporated to determine a safety score for certain corridors, an application that could be expanded to the entire BC transportation system to monitor and address current and developing issues.

"It has been a pleasure working with both the Ministry of Transportation and Infrastructure and the BC Innovation Council on developing the Cumul8 proof of concept," says Rory Armes, CEO of Eight Solutions. "Although it can seem like a daunting challenge to connect multiple data points that have never been connected before, we have demonstrated that it is possible to do so within Cumul8. Visualizing all the data in one platform allows insights to be quickly surfaced and acted upon. The Cumul8 platform makes it possible to get value from new and existing data sources to make BC roads safer."

In addition to connecting, visualizing, and analyzing historical and real-time data, the Cumul8 platform can help users monitor events and discover patterns using an underlying and continuously learning Artificial Intelligence (AI) engine called Sentinel. This functionality would be useful in a road safety application as it enables pre-emptive action to be taken.

Cumul8 can be seen at the #BCTECH Summit on May 16, 2018 in the Vancouver Convention Centre.

About Eight Solutions

Eight Solutions is a technology company on a mission to make data easy. With a focus on data analytics and data distribution, Eight Solutions brings together highly visual and user-centric solutions designed and developed by a team of Media & Entertainment industry veterans with a combined 60+ years of experience working on the world's most successful films and video games. The Eight Solutions product portfolio includes Cumul8, an Industrial Internet of Things (IIoT) data analytics platform providing real-time and predictive insights that help businesses imagine and realize speed to value with their data; and Jetstream, a secure high speed file transfer application enabling users to focus on their own work product rather than how it is delivered. For more information, visit www.eightsolutions.com.

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On Behalf of the Board of Directors

(signed) "Rory Armes"

Rory Armes

Chief Executive Officer, President 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 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

Copyright (c) 2018 TheNewswire - All rights reserved.

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