Oak Brook, IL December 17, 2020 – Affluence Corporation (AFFU.PK), a diversified technology company focusing on innovative Edge Cloud, Internet of Things and 5G enhancing technologies, announced today that its wholly owned subsidiary OneMind Technologies SL concluded a very successful debut at the GITEX2020 tradeshow in Dubai under the Affluence Corporation banner.

“GITEX2020 was the perfect opportunity for OneMind Technologies to present the intelligent IoT solutions we develop.  We met with principals from ongoing sales opportunities as well as our current partners who brought us numerous new prospects said OneMind’s CEO Stephane Eyme. “We were able to showcase OneMind’s expanded product line which includes solutions for Smart Airports, Smart Hospitals, Smart Shopping Malls and Smart Arenas.  With the ongoing pandemic it is essential for all of these facilities to be able to monitor and report on multiple and complex data feeds in real time.”

“Stephane and his team made some excellent connections at GITEX2020”, said James E Honan, Jr, CEO of Affluence Corporation. “The global smart cities market size is expected to grow from USD 410.8 billion in 2020 to USD 820.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.8% (Source: MarketsandMarkets September 2020).  The Smart City Market encompasses several sectors such as health care, transportation, energy, and security and the modular capability of our technology enables us to address each segment.” said Honan.

“The OneMind solution is already being implemented around the globe through strong partnerships with Dell, Orange Business Services and ST Engineering.  We are rapidly developing our solution to run in an edge computing environment. Analyzing data closer to where it is collected provides huge benefits in terms of cost and efficiency and will ensure dramatic performance improvements such as faster speeds, improved data capacity and lower latency” 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.

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Every year, more than 150,000 people attend the Gulf’s information technology trade show: GITEX.

This year Affluence Corporation subsidiary OneMind Technologies joins the technology and innovation community in Dubaï at GITEX 2020.

Gitex celebrates its 40th anniversary this year. The international trade fair, specializing in technology and innovation, started yesterday, 6 December, and runs until Thursday.

As a result of the Covid-19 crisis many trade fairs and exhibitions have been cancelled or run as digital events. The GITEX organizers have chosen to keep the event on-site to allow companies, entrepreneurs, and investors to meet in person.  This year GITEX 2020 focuses on « the transformational ideas that will shape the future of government and business in the next decade ».

This is why OneMind Technologies’ CEO, Stephane Eyme and Francesc Domingo, head of business development, are in Dubai to present the company’s intelligent solutions to the GITEX 2020 audience.

Stephane Eyme said, this show is an opportunity for the company to “[…] present the intelligent solutions we develop. Whether in the field of smart cities, smart constructions or urban mobility, in which we already have an extended experience, but also for future projects, airports or any other space where our customers need to make smarter decisions based on real-time and multi-domain intelligence.”

Francesc Domingo adds “things are moving very fast in the Middle East. We want to present how our different solutions can be adapted to  regional needs providing direct support to our ecosystem. We are delighted to be present at this year’s Gitex.”