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Eight Solutions Announces Resignations of Directors

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



Vancouver, BC / TheNewswire / May 23, 2019 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company") announces that Barry Fraser, Neil Murdoch and Ken Scott have resigned from the board of directors of the Company, and Andrew Chan has resigned as the Chief Financial Officer of the Company. The Company thanks Mr. Fraser, Mr. Murdoch, Mr. Scott, and Mr. Chan for their service over the past several years. Rory Armes will serve as Chief Executive Officer, President, Chief Financial Officer and Director of the Company.

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, Chief Financial Officer and Director

Phone: (604) 669-8885

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

Copyright (c) 2019 TheNewswire - All rights reserved.

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