TORONTO, November 14, 2018 — NxGen United LLC the US operating division of NxGen Communications Corp. (“NxGen” or the “Company”) is pleased to announce it has signed a reseller agreement with IMEX Systems Inc. (TSXV: IMEX) (OTC: IMSYF)a software solution provider to Governments, Municipalities and Public Authorities. NxGen is a provider of proprietary wireless data networks to rural America, known as RURBAN, which enables Counties and Cities to deploy “Smart” Infrastructure and deliver Internet of Things (IoT) services.
NxGen is building out its RURBAN network deployments in those rural markets that have poor or non-existent Internet services. In addition, NxGen will be deploying sensors, smart meters andother IOT devices including drones, and powering them through their company-owned and operated data centers.
“By coupling our platform and customer base with IMEX’s state of the art Smart City iGov™ platform, we will enable RURBAN network customers to join/lead Smart Cities initiatives”, stated Dan Pacholik, CEO, “We are elated to work through scheduled deployments of IMEX services in concert with Internet acceleration software solutions to these communities, that NxGen has been moving toward Smart City or County standards” stated Mr. Pacholik.
“We are very excited to be partnering with NxGen as they build out their NxGen service offering. We believe that our iGov, iCity and iPay platforms are ideally suited for their municipal and State customers, and further validates the strength of our platform, stated Rob Klein, CEO of IMEX.
About NxGen Communications Corp. and NxGen United LLC.
NxGen’s passionate team of experts are committed to bringing disruptive technologies to market by providing strategic thinking, value creation, and management skills to the technology visionaries behind them. Transforming through innovation, NxGen is focused on providing secure, efficient, and cost-effective solutions to real world problems that affect devices, business, and human lives. visit www.nxgencom.com or email email@example.com
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.
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.
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