TORONTO, Sept. 27, 2018 /CNW/ - Imex Systems Inc. ("Imex"
or the "Company") (TSX VENTURE: IMEX; OTC: IMSYF) a software
solution provider to Governments, Municipalities and Public
Authorities, plans to launch a comprehensive platform integrated
into IMEX's iGov portal called GOVCANN.GOVCANN will provide vital
content and information to medicinal and recreational cannabis
users. The Imex iGov platform was built to empower and allow
citizens to interact with their province or municipality to gain
information or to purchase needed services that these government
jurisdictions provide. With the Ontario provincial government allowing
citizens to purchase cannabis through the internet on October 17, 2018, we believe that Ontario municipalities and their citizens can
benefit from up to date content on laws, procedures, and processes
for the purchase of cannabis from this hub. This platform will
become a central interface for cannabis news as citizens want
customized information within their municipality. Going
forward, Imex plans to offer this framework to other provinces that
have adopted a retail recreational sales model instead of online
sales.
The GOVCANN platform will be built utilizing artificial
intelligence to amass highly scalable cannabis data analytics and
will provide geographically specific and relevant content for
users.
The Company has initiated conversations with several licensed
producers on how to effectively integrate into their framework.
Imex plans to become a key GATEWAY for municipalities and their
citizens to become more engaged with their recreational and
medicinal experiences. The Company will be seeking strategic
capital to facilitate this new initiative.
"This is a unique offering to help support and drive educational
interest for municipalities who want to work hand in hand with the
provinces as we approach legalization. We also see this allowing
specific clinics to reach citizens and municipalities with a very
targeted approach. It empowers municipalities to define and
customize messages to a local level that provinces are
disseminating." Says Rob Klein,
CEO.
About Imex Systems
Imex Systems Inc. is a Canadian software products and solution
provider to Governments, Municipalities and Public Authorities in
Canada and internationally. Imex
primarily focuses on E-Government and the Smart Cities market that
also include the integration to payment processing. The
company helps public sector entities to provide "Any Time, Any
Where, Any Device and Any Channel" convenience for citizens to
access government services and help with digital transformation of
government operations and streamline revenue. Imex's various
product and service offerings include: i-Gov - a Digital
Government Platform for all levels of governments, which provides
all the pre-built components for building an effective Digital
Government and supporting payment processing through multiple
channels; iCity - a Smart City Solution;
and miGov - a Mobile Government Framework.
Forward-Looking Statements
This news release contains certain "forward-looking information"
within the meaning of applicable Canadian securities laws. Any
statements that involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions,
future events or performance (often but not always using phrases
such as "expects", or "does not expect", "is expected",
"anticipates" or "does not anticipate", "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 information and are
intended to identify forward-looking information.
This forward-looking information is based on reasonable
assumptions and estimates of management of the Company at the time
it was made, and involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. Forward-looking information in
this news release include, but are not limited to, statements with
respect to: increased sales from existing customers and new
customers and the potential opportunities to be created from the
joint venture with BGC related to mobile payments and cyber
security. Forward-looking information necessarily involve known and
unknown risks, including, without limitation : the need for
approvals from the relevant government body; future capital needs
and uncertainty of additional financing; the competitive nature of
the industry; the effects of product development and need for
continued technology change; and those risks set out in the
Company's public documents filed
on www.sedar.com.
Although the Company has attempted to identify important factors
that could cause actual results to differ materially, there may be
other factors that cause results not to be as anticipated,
estimated or intended. 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
forward-looking information. The Company undertakes no obligation
to revise or update any forward-looking information other than as
required by law.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in policies of the TSXV) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Imex Systems Inc.
