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Eight Solutions Launches New Version of Cumul8:Jetstream High Speed Data Transfer Platform and Continues to Build Reseller Relationships

Tickers: XTSX:ES
Tags: Blockchain, Technology



Vancouver, BC / TheNewswire / July 24, 2018 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company"), a technology company focused on making data easy, today announced the continued evolution of its Cumul8:Jetstream high speed data transfer software and corresponding sales channel through the release of version 1.5 and a new reseller relationship with CineSys-Oceana, respectively.

Jetstream is a purpose-built accelerated file transfer solution created when a post-production company converting some of Hollywood's biggest movies to 3D decided to develop their own software because other products on the market could not meet their needs. A powerful solution designed around simplicity, the latest version of the Jetstream client application introduces several new features to make file transfers even easier, including:

Ad hoc single or multi-file packaging and transfers for increased flexibility

Dual file browser user interface for enhanced drag-and-drop capability

New context menus and keyboard shortcuts to speed the transfer setup process

Visualization enhancements for detailed yet easy-to-understand transfer status

Automation related to server connection and file browser location to minimize user involvement

A key element of the Jetstream solution is the ability to use as much or as little of an organization's available bandwidth based on user-configured parameters and without any artificial throttling by the software. Jetstream version 1.5 server application enhancements give users additional control over transfer rates. New APIs enable more detailed transfer statistics as well as sandboxing functionality.

This Jetstream version coincides with a new reseller relationship between Eight Solutions and CineSys-Oceana, a group of Media IT Specialists with locations in Houston, New York, Chicago, Dallas, Miami, Atlanta, Toronto, and Vancouver. CineSys-Oceana provides a range of technology solutions to digital content creators, from broadcast and post-production companies to advertising, government, education, houses of worship, sports, and interactive markets.

"Our CineSys-Oceana relationship is a direct result of the master distribution agreement we signed earlier this year with JB&A, a leader in the field of video and content management," said Michael Devine, EVP of Sales & Marketing at Eight Solutions. "With this latest version release and our partnerships with both JB&A and CineSys-Oceana, we are seeing great momentum around Jetstream. CineSys-Oceana is a full-service solutions provider with many leading content creators in their customer base and we are extremely pleased that they have chosen us as their partner. We look forward to growing Jetstream sales with CineSys-Oceana, JB&A, and many of their other resellers by offering clients an easy-to-use and cost-effective high speed file transfer solution."

About CineSys-Oceana

CineSys-Oceana are Media IT Specialists focused on solutions, integration, development, installation, and support for digital content creators. With a broad base of experience designing, implementing, and supporting media workflows, CineSys-Oceana provides companies with solutions tailored to improve efficiency, speed, and collaboration, from storage infrastructures and tiered storage solutions to archiving, backup, asset management, and more. For more information, visit cinesysoceana.com.

About JB&A

Founded in 1996, JB&A is a leader in the field of Video and Content Management. JB&A is a unique mix of Distributor, Channel Partner, and Solutions Provider with an ecosystem of certified, tested, and proven products and workflow solutions for Digital Media Management, IP/Streaming, Digital Projection, and Connectivity. Staffed by industry experts, JB&A provides world class customer support driven by a team that cares. For more information, visit www.jbanda.com.

About Eight Solutions

Eight Solutions is a technology company offering Artificial Intelligence (AI) for everyone. With a focus on AI, data analytics, and data distribution, Eight Solutions brings together highly visual and user-centric solutions designed and developed by a team of media and 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) and predictive analytics platform providing real-time and predictive insights that help businesses harness and realize operational value from 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.

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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