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Jetstream, Eight Solutions' Fast File Transfer Product, is Chosen by Award-Winning Animation Studio in Vancouver

Tickers: XTSX:ES
Tags: #Technology, #Blockchain



Vancouver, BC / TheNewswire / May 3, 2019 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company"), a technology company focused on making data easy, today announced that a multi-location animation studio headquartered in Vancouver, Canada has purchased the Jetstream high speed file transfer platform.

Being able to move files fast between locations in Canada and Asia is an important part of connecting far flung teams and efficiently collaborating to produce some of today's most recognizable shows. Although the studio had an existing high speed file transfer solution, they turned to Jetstream when looking for a replacement.

The previous application imposed bandwidth caps, which meant that the studio could not use the entire bandwidth they wanted to allocate for transferring files. With Jetstream, the studio will be able to use as much or as little of their available bandwidth at no additional cost. Because Jetstream is fast and easy to use, their teams will be more productive while operating more cost effectively.

Jetstream was also selected because of the open Application Programming Interfaces (APIs) included with the solution. The APIs will allow Jetstream to easily integrate with the studio's digital asset management system to simplify workflows and enable faster turnarounds.

"We are excited that Jetstream has been chosen by one of our city's leading animation studios," said Michael Devine, Executive Vice President of Sales & Marketing at Eight Solutions. "There is world-class content being created in Vancouver, along with some really innovative technology - this sale marries the two. Our Jetstream high speed file transfer software is purpose-built to help this studio and others move their digital assets quickly and securely. We appreciate the opportunity to play a part in making it easier for their artists to continue producing such entertaining cartoons."

About Eight Solutions

Eight Solutions is a technology company bringing fast value to data through achievable AI. With a team of Media and Entertainment industry veterans, Eight Solutions brings together the 'fast to excitement' and 'ease of use' philosophies learned from years of producing the world's biggest video games and the experience of handling immense volumes of VFX data while working on Hollywood blockbuster movies. The Eight Solutions product portfolio includes Jetstream, a secure high speed file transfer application enabling users to focus on their own work product rather than how it is delivered; and Cumul8, an AI-driven live analytics platform providing real-time and predictive insights that help businesses harness and realize operational value from their data. For more information, visit eightsolutions.com.

On Behalf of the Board of Directors

(signed) "Rory Armes"

Rory Armes

Chief Executive Officer, President and Director

Neither the 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

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