Oak Brook, IL. June 13, 2025 – Affluence Corporation, (OTC Pink: AFFU), a global technology holding company specializing in smart infrastructure and edge computing solutions, announced today that its subsidiary MTi (Mingothings SLU) has been officially recognized as a Verified Dell NativeEdge Partner. This milestone underscores MTi’s role as a leading innovator in edge-to-cloud IoT solutions for industrial and smart city applications.

As part of Dell Technologies’ Edge Partner Ecosystem, MTi’s two flagship solutions — the Metering Box and thethings.iO IoT platform — have been fully validated for NativeEdge, Dell’s edge operations software platform. This certification ensures seamless integration, operational scalability, and real-time intelligence from the edge to the cloud.

“This recognition is a strategic achievement for MTi and Affluence as a group,” said Francesc Domingo, CEO of MTi. “Being part of Dell’s NativeEdge ecosystem not only validates the robustness of our edge-native solutions but also opens new revenue streams by expanding our reach to Dell’s global enterprise and public sector clients.”

“We’re pleased to welcome MingoThings to the Dell NativeEdge Ecosystem. Their Blueprinted solutions — the Metering Box and the Things.iO IoT platform — demonstrate the power of collaboration in delivering scalable, secure, and intelligent edge deployments. As we continue to expand our ecosystem, players like MingoThings play a critical role in helping our customers accelerate digital transformation and realize the full potential of edge innovation,” said Ryan Fournier, Director Vertical Solutions, Dell Technologies.

This partnership positions MTi to address growing demand for edge-native architectures in key verticals such as smart cities, energy, utilities, and industrial automation. The certification is expected to accelerate MTi’s market penetration and boost its commercial traction with both existing and new clients, particularly those seeking certified, reliable, and scalable solutions built on trusted infrastructure.

“MTi’s success is a reflection of Affluence Corporation’s vision to invest in forward-thinking companies developing real-world applications of edge and IoT technologies,” added William Gonyer, CFO of Affluence Corporation. “MTi gaining recognition from a global leader like Dell Technologies is a significant achievement.”

As organizations worldwide race to implement digital transformation strategies, MTi’s Dell-certified solutions offer a competitive edge by enabling real-time data processing, predictive maintenance, and operational efficiency directly at the edge.

To learn more about MTi’s certified solutions on Dell NativeEdge, visit: MTi Partner Profile on Dell Technologies.

OAK BROOK, IL / ACCESS Newswire / June 12, 2025 / Affluence Corporation, (OTC PINK:AFFU), a global technology holding company specializing in smart infrastructure and edge computing solutions, announced today the appointment of Oscar Brito as President of the Company with immediate effect. His appointment is a crucial step in the planned acquisition strategy to scale and profitably grow the group in the Smart City and Connected Industries IoT space. Mr Brito will report to the Board and be responsible for identifying, obtaining financing, and managing acquisitions within the United States.

Mr Brito brings a wealth of experience in private equity, capital formation, mergers and acquisitions, and real estate development across the United States, Europe and Latin America. He has played a key role in raising over $600 million in funding for projects and companies across real estate, telecommunications, and information technology sectors. As a principal and co-investor, he has additionally raised approximately $400 million in capital across a variety of industries, including value-added telecom and telecom infrastructure investments. His expertise lies in identifying high-growth, opportunistic investments and structuring complex financial transactions to support their execution and growth.

Most recently, Mr Brito was the co-founder, Member of the Board and an active investor in iQSTEL Inc, a publicly traded, US based telecommunications company generating over $300 million in annual revenue. iQSTEL has become a recognized player in the international telecom market, with a focus on next-generation services and infrastructure.

“Oscar’s experience in identifying high-growth acquisition opportunities and raising capital will help us in accelerating the growth of the group” said William Gonyer, CFO of Affluence Corporation.

“I am excited to be joining Affluence. The Smart City and Connected Industries IoT market is a fast-growing sector. I look forward to identifying synergistic targets to drive forward innovation and profitable growth so that Affluence is part of this market evolution. I am certain that we can create significant value in the near future,” said Oscar Brito.

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This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices,, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other risks discussed in our filings with the OTCMarkets; and the Securities and Exchange Commissions. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Affluence Corporation assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Media and investor contact – press@affucorp.com

 

Strategic acquisition to expand market reach and ensure profitable growth.

Oak Brook, IL. May 16, 2025Affluence Corporation, (OTC Pink: AFFU), a Smart City Software and Internet of Things (IoT) technology company, announced today the completion of the acquisition of Barcelona based Mingothings SLU (“MTI”), a specialist in integrated IoT solutions and data analytics for smart cities and connected industries.  The executed definitive agreement was notarized today pursuant to the laws of Spain.

This is a crucial step in our planned acquisition strategy to scale and profitably grow the group.  MTI is already working in partnership with OneMind Technologies (“OMT”), also a wholly owned subsidiary of Affluence. OMT utilizes the proprietary OneMindNG platform to integrate key data from disparate systems into a single dashboard, or Hypervisor, and harnesses the power of Artificial Intelligence to revolutionize how businesses interact with data and make decisions. By integrating cutting-edge predictive and prescriptive analytics into OneMindNG, we will empower organizations to not only anticipate future outcomes but also receive actionable guidance tailored to their needs. OMTs AI-driven approach ensures smarter decision-making, operational efficiency and enhanced user experiences.  MTI provides the software and services that enable rapid connection to its IOT platform, of all relevant devices and IoT sensors thereby enabling faster and more cost-effective implementation and deployment.

According to Fortune Business Insights, the Smart City and Connected Industries IoT market is projected to grow from $768 billion in 2024 to over $4.6 trillion by 2032, a CAGR of 25.2% during the forecast period. As a result of this acquisition we believe that Affluence is well placed to be a part of this market growth. Our combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger opportunities within our target markets.

“This is an exciting phase for Affluence. The acquisition brings significant growth potential through expanded market reach. Cost synergies and accelerated growth will ensure that the group is cashflow positive,” said Williiam Gonyer, CFO of Affluence Corporation.

“We are delighted to be part of the Affluence group. MTI, through thethings.IO and its IoT platform, will complement the portfolio solutions of Affluence to generate revenue synergies across the group, drive sustainable growth, and become a global leader in the IoT market. thethings.IO platform can be easily and seamlessly accessed by any business.  Our ambition is to work with OMT to push the boundaries of IoT technologies and enable any organization to run smarter operations. In addition, our Digital Twin solution will enhance our offerings to Businesses.” said Francesc Domingo, CEO of MTI.



This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements.  Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.  There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices,, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other risks discussed in our filings with the OTCMarkets; and the Securities and Exchange Commissions.  Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Affluence Corporation assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Media and investor contact – press@affucorp.com

Strategic acquisition to strengthen OneMind Technologies and expand market reach.

OAK BROOK, IL / ACCESS Newswire / April 2, 2025 / Affluence Corporation, (OTC Pink:AFFU), a Smart City Software and Internet of Things (IoT) technology company, announced today the signing of a definitive agreement to acquire Mingothings SL (“MTI”), a specialist in integrated IoT solutions and data analytics for smart cities and connected industries.

Once the acquisition is completed MTI, based in Barcelona, will work in partnership with OneMind Technologies (“OMT”), also a wholly owned subsidiary of Affluence. OMT utilizes the proprietary OneMindNG platform to integrate key data from disparate systems into a single dashboard, or Hypervisor, and harnesses the power of Artificial Intelligence to revolutionize how businesses interact with data and make decisions. By integrating cutting-edge predictive and prescriptive analytics into OneMindNG, we will empower organizations to not only anticipate future outcomes but also receive actionable guidance tailored to their needs. OMTs AI-driven approach ensures smarter decision-making, operational efficiency and enhanced user experiences. MTI provides the software and services that enable rapid connection to its IOT platform, of all relevant devices and IoT sensors thereby enabling faster and more cost-effective implementation and deployment.

According to Fortune Business Insights, the Smart City and Connected Industries IoT market is projected to grow from $768 billion in 2024 to over $4.6 trillion by 2032, a CAGR of 25.2% during the forecast period. We believe that, when the acquisition is consummated, our newly combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger opportunities within our target markets.

Affluence is also pleased to announce the appointment of William E. Gonyer to the position of Chief Financial Officer, effective immediately. “This is a crucial step in our planned acquisition strategy to scale and profitably grow Affluence. Cost synergies and accelerated growth will ensure that the group is cashflow positive. MTI’s large installed base complements OMT enabling greater access to a growing network of world-class partners, resellers and distributors. This is an exciting phase for Affluence. The acquisition brings significant growth potential through expanded market reach,” said Williiam Gonyer, CFO of Affluence Corporation.

“MTI, through thethings.IO and its IoT platform, will complement the portfolio solutions of Affluence to generate revenue synergies across the group, drive sustainable growth and become a global leader in the IoT market. Our ambition is to work with OMT to push the boundaries of IoT technologies and enable any organization to run smarter operations.” said Francesc Domingo, CEO of MTI.

Pursuant to the acquisition agreement the outstanding equity of MTI will be exchanged by the shareholders of MTI for shares of preferred stock of Affluence Corporation, providing the former MTI shareholders with voting control of Affluence Corporation. The final step in the acquisition process is the customary notarization of the executed definitive agreement pursuant to the laws of Spain, expected to take place this month.

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This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, the failure to consummate the proposed acquisition, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other risks discussed in our filings with the OTCMarkets; and the Securities and Exchange Commissions. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Affluence Corporation assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Media and investor contact – press@affucorp.com

Oak Brook, IL. February 7, 2025 – Affluence Corporation (AFFU OTC) is pleased to announce that its subsidiary OneMind Technologies, a leader in Smart City and IoT technology platforms, will join forces with Mingothings Arabia to showcase cutting-edge AI-powered IoT solutions and Smart City innovations at LEAP 2025, the leading global tech event.

📍LEAP 2025
Riyadh, Saudi Arabia
09 – 12 February 2025

Schedule a meeting with our team (link) or contact us directly to learn how our AI-driven solutions can transform your smart city and IoT projects.

“Our collaboration with Mingothings Arabia allows us to demonstrate how AI, real-time data processing, and IoT integration can drive urban transformation. Together, we are delivering scalable solutions for smarter, more connected cities,” said Thierry Scozzesi, Chief Commercial Officer at OneMind Technologies.

LEAP 2025 is the world’s most attended technology event, bringing together global tech leaders and innovators to shape the future of AI, IoT, and digital transformation.

Ends.



Investor Relations

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

Strategic acquisition to strengthen OneMind Technologies and expand market reach.

Oak Brook, IL. December 23, 2024 – Affluence Corporation, (OTC Pink: AFFU), a Smart City Software and Internet of Things (IoT) technology company, today announced that it has reached an agreement to acquire Mingothings SLU (“MTI”), a specialist in integrated IoT solutions and data analytics for smart cities and connected industries. The two companies have executed a Binding Letter of Intent whereby MTI shareholders will exchange their ownership interest for equity of Affluence Corporation. The companies are working diligently towards closing, anticipated in the first quarter of 2025.

OneMind Technologies (“OMT”) a wholly owned subsidiary of AFFU, utilizes the proprietary OneMindNG platform to integrate key data from disparate systems into a single dashboard, or Hypervisor, and harnesses the power of Artificial Intelligence to revolutionize how businesses interact with data and make decisions. By integrating cutting-edge predictive and prescriptive analytics into OneMindNG, we empower organizations to not only anticipate future outcomes but also receive actionable guidance tailored to their needs. Our AI-driven approach ensures smarter decision-making, operational efficiency and enhanced user experiences. MTI provides the software and services that enable rapid connection to its IOT platform, of all relevant devices and IoT sensors thereby enabling faster and more cost-effective implementation and deployment.

According to Fortune Business Insights, the Smart City and Connected Industries IoT market is projected to grow from $768 billion in 2024 to over $4.6 trillion by 2032, a CAGR of 25.2% during the forecast period. We believe that our newly combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger deal opportunities within our target markets.

“This is the first step in our planned acquisition strategy to grow Affluence. On a combined basis we believe these companies will deliver in excess of $4 million in revenue in 2025, have EBITDA margins exceeding 10% which will then scale from cost synergies and accelerated growth, and be solidly cash flow positive. MTI brings a large installed base to complement the OneMindNG base enabling greater access to a growing network of world-class partners, resellers and distributors. We are excited for the increased growth potential brought to us through the expanded market reach,” said James E Honan, Jr., CEO of Affluence Corporation.

“We believe that this solidifies our existing partnership and will maximize the potential of both OMT and MTI, facilitate growth through future acquisitions and establish us as a leader in the global Smart City and Connected Industries market. I look forward to the many benefits this partnership will bring for our clients and global partners,” said Thierry Scozzesi, Chief Commercial Officer of OneMind Technologies.

“Combining with Affluence brings exciting new opportunities to push the boundaries of IoT technology in partnership with OMT” said Francesc Domingo, CEO of MTI. “We have a shared vision to expand the frontiers of what is possible in IoT and smart city innovation, bringing new levels of efficiency, safety, and sustainability to the market.”

 



For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, the failure to consummate the proposed acquisition, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

OAK BROOK, IL / ACCESSWIRE / November 19, 2024 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) is providing an update on Affluence Corporation and the composition of its Board of Directors.

On October 14, 2024, James E. Honan, Jr., Chief Executive Officer and member of the board of directors of the Company, and Dale Haase, a member of the board of directors of the Company, resigned as members of the board of directors of the Company. Neither Mr. Honan nor Mr. Haase noted any disagreements with the Company or its Board. Mr. Honan will remain as Chief Executive Officer of the Company.

In addition, on October 14, 2024, Michael Balkin and William Gonyer were appointed as members of the Board of Directors of the Company. “We are delighted and very fortunate to have Mr. Balkin and Mr. Gonyers as independent Board members. Their knowledge and experience are tremendous assets in growing the company. ” said James E. Honan, Jr., Chief Executive Officer.

William Gonyer is an independent contractor performing accounting, investment evaluation, and due diligence services. He was certified as a public accountant (CPA). He has worked in the field of accounting for over thirty (30) years. He has held positions at Will Stephenson Advisory (seven years, 2017 to present), Gold Coast Associates (six years, 2010 to 2016), Broad Street Banking Associates (two years, 2008 to 2010), Natixis Capital Markets (ten years, 1998 to 2008), Swiss Bank Corporation (six years, 1991 to 1997), and Price Waterhouse Coopers (five years, 1986 to 1991).

Mr. Balkin has over 35 years of capital market experience working with both public and private companies and is currently CEO of MPB Enterprises. MPB Enterprises is a senior strategic advisor to multiple public and private companies as well as the Wasson Enterprise family office. He is currently the Chairman of the Board of Performance Health Systems, LLC and was a member of the board of managers of Innventure, “INV”, an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation “HRZN” and recently served as the Chief Executive Officer and a Director of a public company called Foresight Acquisition Corporation, where he led the merger with a $2.2 billion-dollar private health care company.

Prior to Foresight, Mr. Balkin was a partner and formerly the co-Manager of the William Blair Small Institutional portfolio and the William Blair Small Cap Growth Fund, which he and his partners started in 1999.

The current composition of the board of directors of the Company is Rohan Chanmugam, Michael Balkin and William Gonyer. No equity or ownership of the company was sold, issued or assigned as a result of the Board appointments.



For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.