Oak Brook, IL. August 18, 2022 – Affluence Corporation (AFFU.PK) a leader in Smart City Software and Internet of Things (IoT) technology released its earnings for the second quarter of 2022 with record revenue for the third straight quarter.  Highlights include:

  • Revenue growth of 511% year over year
  • Revenue growth of 12% in Q2 2022 from Q1 2022
  • The third consecutive quarter of positive net income

“I am pleased to announce our third consecutive quarter of record revenue,” said James E Honan, Jr., CEO of Affluence Corporation.  “I am extremely proud of our team and delighted to announce record revenue of $617,076 for the second quarter of 2022. Affluence’s continued growth has been fueled by multiple industry partnerships and a rapidly growing Smart City Software market with a 25% Compound Average Growth Rate (CAGR) and the Smart City market is expected to be $6 trillion by 2030.  Because of this we are very confident that this momentum will continue for the remainder of the year,” said Honan.

“The Affluence board of directors is thrilled with management’s performance against our internal goals and extremely optimistic with the long term outlook for the company,” said Dale Haase, Affluence Board Member.  “Operationally, in Q2 the company continued to execute on the delivery of Phase 1 of a multi-year, multi-million dollar contract for the largest Smart City project in the world where our Hypervisor product has been selected as the command and control software for the entire project.  In addition we have received a $1 million dollar contract from the large technology company that is responsible for technology integration for the entire project.  The contract is to add Artificial Intelligence (AI) for application specific modules for the project.  In Q2 we partnered with Corsight, a leader in facial recognition software.  Together, we developed an application to combat car-jackings and deter auto theft.  This is the first application of its kind and we expect to announce our first implementation in Q3. In addition, RAS our telecom engineering services business produced steady results as well.  Going forward, the board of directors is confident that the company will continue its growth for the remainder of 2022 and look forward to participating at a major Smart City Expo along side of one of the world’s largest technology companies where we will formally announce a reseller partnership with them and will leverage a sales force of approximately 3,000 reps to market and sell the joint solution,” said Haase.



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.

OAK BROOK, IL / ACCESSWIRE / July 27, 2022 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) technologies announced today a partnership between its OneMind Technologies wholly owned subsidiary and Corsight AI, a leading facial recognition solutions provider that codifies privacy requirements and is un-matched in its speed and accuracy, to support the development of safe smart cities across the globe.

Recently recognized by NIST (National Institute of Standards and Technology) as a leading provider for proactively reducing bias, Corsight AI delivers Facial Recognition Technology (FRT) that allows for ethical and accurate biometric detection, prioritizes data privacy and significantly reduces the chance of false positives. Its advanced AI-powered solution is set to integrate with OneMind hypervisors, which provide operators with a holistic picture of real-time smart city performance, to boost security in smart environments and expedite incident remediation.

With the global smart city market value predicted to surge by 2030, these connected environments and the technologies that power them have been found to be able to reduce crime by 30% – 40%. The partnership between OneMind and Corsight AI is an example of how IoT integrations can support police forces with increased intelligence to identify and fight criminal behavior and protect the community. OneMind’s recently launched Hypervisor SVI, for example, integrates License Plate Recognition, Vehicle Registration and Corsight’s Facial Recognition solutions to support police departments in response to carjackings.

“We are excited to be partnering with Corsight,” comments Stephane Eyme, CEO of OneMind Technologies. “Our partnership adds great value to the offers of both companies. Our goal is to make OneMind Technologies the industry standard for Hypervisors for Smart Cities providing real time performance management. This collaboration will enhance the capabilities of both companies and add security solutions to our platform to broaden our reach.”

Rob Watts, CEO of Corsight AI, adds “The partnership with OneMind is an exciting step towards creating safer connected environments in which AI-powered technology can be used as a force for good. Corsight AI is unparalleled for its speed and accuracy, but also in terms of privacy and ethical standards. We look forward to building a long-term relationship with this dynamic organization and working together to ensure the safety and security across smart industries.”

For more information on Corsight AI or OneMind Technologies, visit their websites.



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.

OAK BROOK, IL / ACCESSWIRE / July 21, 2022 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) technologies announced today that its OneMind Technologies wholly owned subsidiary has developed Hypervisor SVI a real-time detection product to help police departments to respond to carjackings and vehicle thefts. The OneMind Hypervisor SVI product integrates systems for License Plate Recognition, Record Management, Vehicle Registration, Facial Recognition and Computer Aided Dispatch to monitor vehicle license plates and compares it with stolen vehicles. When a positive match is detected, OneMind triggers in real-time an alert to the operator, provides information about the vehicle from the Registration System and sends an action dispatch to the closest available police patrol to stop and identify the driver through facial recognition software. The product has currently passed several live evaluations and the first purchase order is expected within the next 60 days.

“This is a breakthrough product that addresses a serious problem that has been plaguing all cities,” said James E Honan, Jr., CEO of Affluence Corporation. “There is nothing on the market today that comes close to addressing this serious problem in real-time. Hypervisor SVI finally gives the police an effective tool that will enhance their ability to catch the offenders and provide a deterrence for future incidents. Hypervisor SVI has been tested by multiple municipalities with great success and we expect our initial purchase order within the next 60 days,” said Honan.

“Hypervisor SVI showcases the power of the OneMind architecture,” said Stephane Eyme President of OneMind Technologies. Hypervisor SVI seamlessly connects all of the disparate systems such as the license plate database, vehicle registration and records management and enables the police to detect, monitor, investigate and dispatch the closest available resources. In addition, together with our facial recognition partner, Hypervisor SVI will have the ability to identify the offenders. Hypervisor SVI generates actionable information in real-time to fight crime. It also improves intelligence and security for the police, fosters cross-departmental cooperation, enhances operational efficiency, and reduces the serious crime rate by denying the means to commit them. This also provides an overall improved sense of security for citizens. OneMind Technologies is very flexible and innovative and I am proud of our development team who were able to identify a use case and bring that product to market in a timely fashion,” said Eyme.



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.

Oak Brook, IL. July 6, 2022 – Affluence Corporation (AFFU.PK) a leader in Smart City Software and Internet of Things (IoT) technologies announced today that its OneMind Technologies wholly owned subsidiary has received a second significant purchase order to provide additional AI modules on the OMT NG platform for one of the world’s largest Smart City projects in the Middle East.

“I am extremely pleased that our partners continue to see the significant value that the OneMind software platform brings to this project. We are strategically positioned for more and larger purchase orders as the project expands,” said James E Honan, Jr., CEO of Affluence Corporation.  “Because of OneMind’s unique feature set and our ability to take in any type of data and give real-time information, our partners in this project continue to find new applications for the OneMind solution” said Honan.

“This is a very significant follow-on order, and it is almost as large as Phase 1 of the project,” said Stephane Eyme President of OneMind Technologies.  “Our customer is adding two additional modules to the OneMind NG Platform to provide Artificial Intelligence (AI) features for rollout through the entire project.” said Eyme.



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.

OAK BROOK, IL / ACCESSWIRE / March 29, 2022 / Affluence Corporation (OTC Pink:AFFU) a leader in Smart City Software and Internet of Things (IoT) technology released its earnings for 2021 and Q4 with record revenue for both the FY 2021 and Q4. Highlights include:

  • Revenue growth of 363% year over year
  • Revenue growth of 93% in Q4 2021 from Q3 2021
  • Its first positive EBITDA quarter in history

“We have spent the last two years making investments in cutting edge technologies that address inefficiencies in the Smart City and IoT markets and we are seeing tangible proof that our solutions are being very well received in this rapidly growing market,” said James E Honan, Jr., CEO of Affluence Corporation. “I am extremely proud of our team and delighted to announce record revenue growth for 2021. Full year 2021 revenue of $935,000 is a 363% increase over $202,000 in 2020. More importantly Q4 was our first quarter ever with positive net income. Q4 2021 revenue of $435,000 increased 93% over Q3 2021 and we are projecting continued profitability in 2022,” said Honan.

“The Affluence board of directors is quite pleased with the continued progress demonstrated by our management team,” said Dale Haase, Affluence Board Member. “While at first glance a 363% year over year revenue increase could be dismissed by the magnitude of the numbers from the prior year, it is important to look at the operational trends which are all extremely positive. Operationally, in Q4 the company received a multi-year, multi-million dollar contract for our Smart City Software and the OneMind Technology software will be the command and control software for one of the largest smart city projects in the world. In addition we added a new smart city deployment in Quang Ninh Province, Viet Nam. We also announced partnerships with two major global technology companies which will have a very positive influence in 2022. In addition, RAS our telecom engineering services business produced steady results as well. The board of directors is confident that company is well positioned for continued success in 2022 and beyond,” said Haase.



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.

OAK BROOK, IL / ACCESSWIRE / March 14, 2022 / Affluence Corporation (OTC PINK:AFFU) and its subsidiary OneMind Technologies SL announced today the release of the new version of the hypervisor platform named OneMind New Generation (NG). The technical evolution of the platform is a cornerstone in the OneMind’s development, allowing the company to embrace advanced technologies to better serve its clients and ensuring faster growth.

“Our goal is to make OneMind Technologies the industry standard in the Smart City Software market and the NG Platform broadens our reach and will enable us to continue our string of impressive Smart City project wins,” said Stephane Eyme, CEO of OneMind Technologies.

The OneMind NG platform is fully multi-tenant and can be deployed seamlessly on the cloud, on premises or in a hybrid environment. It is based on a powerful low code ETL (Extract, Transform, Load) engine and has completely rule based access control. The new technology architecture also presents a fully configurable user interface enabling the platform to be adjusted to user requirements without any coding and a personalized experience specific to the user’s preference (language, icons, colors, menus, views…).

The platform’s historical mode is also unique in that it allows users to quickly and easily make time-based analysis of events which improves their decision-making process. It also features a modular and plug-in architecture allowing users to run their own analytics algorithms and evolve or change them as required.

The OneMind NG architecture also brings scalability and accessibility through use of nodes and clusters, as well as resilience and the ability to self-correct with auto placement, auto restart, and auto replication features.

“These enhanced characteristics will allow OneMind Technologies to grow exponentially in the SaaS area, offering a light, flexible and powerful product that is fully configurable to fit todays’ use case and business model requirements. We are excited to bring this new and improved platform to market and generate more value for our clients” said Eyme.



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.

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

 

Affluence Corporation subsidiary OneMind Technologies SL has signed a partnership agreement with Dell Technologies (DELL) confirming OneMind as the preferred Hypervisor for Dell Digital Cities Solution worldwide.

OneMind Technologies are specialists in hypervisors for smart cities and smart industries. They are partnering with DELL on the implementation of Command and Control Centers in cities and the transition to intelligent industries. The partnership has also led to the OneMind solution being implemented in the Dell Technologies DiCi Labs showroom in Singapore.

Stéphane Eyme, CEO of One Mind Technologies said “we are delighted to partner with DELL and are already working together on a substantial smart city project in the middle east region. Their trust and confidence in our platform is testament to the added value we provide to DELL and its clients and solidifies our position as a market leader.”

OAK BROOK, IL / ACCESSWIRE / November 29, 2021 / Affluence Corporation (OTC PINK:AFFU), a diversified technology company focusing on innovative IoT and 5G enhancing technologies announced today that its OneMind Technologies subsidiary has developed a software solution for Situational Awareness for airport terminals. The product Airport Hypervision is built on its award-winning Smart City software platform that provides situational awareness to major cities including Barcelona, San Francisco, Oslo and Guadalajara and many others.

“This is a breakthrough product and there is nothing else on the market that addresses the major issues that airports are facing in the new normal, “said Stephane Eyme, OneMind Technologies’ CEO. Airport Hypervision enables situational awareness such as crowd management, thermal screening, incident management, the ability to take real time corrective action as well as a reporting mechanism. For example, through Airport Hypervision’s visual analytics airports can monitor social distancing and mask mandates. Through Airport Hypervision’s integration with thermal cameras, a disembarking passenger with an abnormal temperature can be identified and directed to an on-site clinic. In addition, Airport Hypervision enables airports to track assets in the airport and on the tarmac, monitor security and situational awareness and produce dashboards and report on key performance indicators in real time,” said Eyme.

“Airport Hypervision is the logical extension to OneMind’s Smart City software solution.” said James E. Honan, Jr. Global CEO of Affluence Corporation. “Many buildings are as complex as small cities. As complexity increases real time dashboards and analytics are needed to monitor and enhance the performance and operations of large public buildings. OneMind products offer multi-domain integration across all subsystems thatwhich are agnostic to the source of the data and the product addresses the macro issues of the organization as well as the micro issues for all the individual users. Airport Hypervision is based on the same product that is already in use in smart cities and smart construction,” said Honan.



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.

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