VANCOUVER, BC, May 10, 2023 /CNW/ – Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce the signing of an agency agreement with Vigilant Scanning Ltd. (“Vigilant”). Vigilant offers state of the art scanning and geoseismic technologies in the Oil & Gas, Waste & Recycling and Security sectors:
Oil & Gas sector:
Rejuvenate – a service to oil & gas company geoscience teams in exploration and development using expert computing systems to analyse conventional data (seismic data, processed seismic velocity data and optionally well data) and quickly return geological and petrophysical information that is more detailed, more accurate and less subjective than conventional applications or services.
Waste & Recycling sector:
Materials detection technology deployed to identify the presence of lithium-ion batteries in waste and therefore prevent fires;Same technology will detect other materials such as particular metals, contaminants etc. This will enable increased efficiencies.
Security sector:
Material detection technology to replace or augment x-ray at airports, border posts, high profile sporting events etc.
“With the addition of Vigilant’s revolutionary technology we further strengthen our technology portfolio in the United Arab Emirates. Vigilant’s decision to choose Interfield as its exclusive agent in the UAE is proof of Interfield’s position as a leading software company in the region with proven sales channels and deep business relationships. We look forward to building a successful business with Vigilant and thank them for choosing Interfield as their exclusive agent in the UAE” stated Steele Hemmerich, President of Interfield Global Software Inc
About Interfield Global Software Inc.
The Company is a publicly listed company, with its common shares listed on the NEO Exchange Inc. (NEO: IFSS) and operates in Dubai, U.A.E through its wholly owned subsidiary, Interfield Software Solutions LLC (“Interfield Solutions”).
Interfield Solutions is a software company that services numerous industrial segments worldwide including oil and gas, mining and renewables. Interfield Solutions has two operating divisions, E-commerce and Software as a Service. Equipment Hound, the company’s flagship product of its E-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third-party verification. ToolSuite, the company’s flagship product of its Software as a Service division, is a cloud based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.
ON BEHALF OF THE BOARD OF DIRECTORS
“Harold Hemmerich”
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This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements, and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance often using phrases such as “expects”, “anticipates”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends”, or variations of such words and phrases, or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved, are not statements of historical fact and may be forward-looking statements..
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors, which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include: general business, economic, competitive, political and social uncertainties; delay or failure to receive any necessary board, shareholder or regulatory approvals, including the approval of any applicable regulatory authority; and that factors may occur which impede or prevent the Company’s future business plans. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, the Company does not assume any obligation to update the forward-looking statements, whether they change as a result of new information, future events or otherwise, except as required by law.
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SOURCE Interfield Global Software Inc.