Eight Solutions Wins Major US Sports Franchise Customer for the Cumul8:Jetstream High Speed File Transfer Platform

Vancouver, BC / TheNewswire / February 6, 2019 – Eight Solutions Inc. (TSXV:ES) (“Eight Solutions” or the “Company”), a technology company focused on making data easy, today announced that a major league sports franchise in North America has purchased the Cumul8:Jetstream high speed file transfer platform to move its broadcast media content between multiple locations.

The team selected Jetstream after a brief trial period that confirmed the platform would meet its file transfer requirements, namely high speed, security, and ease of use. Another important consideration was the ability to seamlessly integrate other technology solutions with Jetstream to improve workflow efficiencies.

A Media Asset Management (MAM) application is used to organize and track the game and editorial content that the team produces. By integrating a secure high speed file transfer solution with this tool, the team can ensure safe and timely sharing of files between various collaborators. Open Application Programming Interfaces (APIs) included with Jetstream simplify the integration process. Moreover, unlike other vendors that can make integration cost prohibitive by charging for API access, Jetstream APIs are freely available.

This sale coincides with the release of Jetstream version 1.7, which introduces new server application functionality with improved security as well as better transfer and bandwidth management. The client software features a revamped workflow design to enhance the user experience.

“We’re pleased about the progress Jetstream has made on both the sales and product fronts,” said Michael Devine, Executive Vice President of Sales & Marketing at Eight Solutions. “As a major sports franchise, our latest client represents an entry point into another segment of the Media & Entertainment industry and an opportunity to grow sales within their league as well as others. The validation by such a renowned organization bodes well for the continued success of Jetstream in the coming months. We are proud to provide a technology platform that this and any team can trust to move their content securely, reliably, and quickly.”

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 Cumul8, an AI-driven live 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 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.

 

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