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.

OAK BROOK, IL / ACCESSWIRE / November 23, 2021 / Affluence Corporation (AFFU.PK), a diversified technology company focusing on innovative IoT and 5G enhancing technologies announced today that its Third Quarter revenue doubled over the prior quarter. Affluence Corporation also provided a business update, an update for the initiatives previously announced and reiterated its strategy moving forward. The update includes a statement on the progress being made on tactical operating issues which include product backlog, project funding for 2022, establishment of industry partnerships, improvement of capital structure, reduction of debt and status of pending acquisitions.

“I am proud to announce Third Quarter revenue of $225,000. This is the largest quarterly revenue that we have ever achieved and it doubled our prior quarter revenue. This is reflective of the growing demand for the IoT technologies in the Affluence portfolio, “said James E. Honan, Jr., Affluence’s CEO. We are making significant progress in each of our business segments, particularly at OneMind Technogies where the OneMind product was chosen as the command and control software for one of the world’s most prominent Smart City projects. We have the signed contract in hand, have already had the project kick-off meeting with our partners and expect to make the formal announcement once our technology and service partners release the information to the market. We will recognize revenue from this contract in Q4 and carry over a seven-figure product backlog into the first half of next year,” said Honan.

“ISLP’s project to build a ‘fiber technology-based last mile infrastructure’ and deliver technology products and services to one of the largest telecom companies in Asia will officially begin in Q1 of 2022 and we expect to begin to recognize revenue from this project beginning in Q2 of 2022,” continued Honan. “We have a funding term sheet in place for $40 Million which we expect to close within the next 60 days. We also have several pending acquisitions and expect them to close by the end of Q1 2022 as well,” said Honan.

“Operationally we continue to strengthen the company” said Honan. “We executed global master product and services agreements with two large world class organizations. The first is a global product distribution agreement that has already brought one major contract to the table and has OneMind quoted to several prospects for 2022 business. The second agreement is a services agreement for our IoT and 5G technology product stack. Affluence has also made significant strides in cleaning up our balance sheet and capital structure over the past year. We were able to convert some of our debt to equity and also eliminate overhang in our capital structure. I am very proud of our team’s achievements this year and look forward to a banner year in 2022,” 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.

Stephane Eyme, President of OneMind Technologies SL, Affluence Corporation’s flagship subsidiary, talks about the unique technology, its applications, customer base worldwide, the company’s outlook moving forward and much more.  Listen and download the interview

The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations. Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. https://onemindtechnologies.com/

OAK BROOK, IL / ACCESSWIRE / September 23, 2021 / Affluence Corporation (OTC PINK:AFFU), a diversified technology company focusing on innovative IoT and 5G enhancing technologies announced today that it has received and has executed a funding term sheet which includes the formation of a joint venture with a large European Investment Fund. The first tranche of term sheet is for up to $40 million dollars in funding which will be utilized to deliver infrastructure, software products and value-added services for multiple large-scale projects in Asia.

“This Term Sheet is the culmination of an extensive effort by our entire management team around the globe,” said James E. Honan, Jr., Affluence’s CEO. “This first tranche of funding from the term sheet that will enable the joint venture to deliver on several very high-profile contract awards which we will be announcing within the coming weeks. Of special note, the structure and formation of the joint venture with our funding partner will not result in our shareholder base experiencing any dilution from the $40 million in funding nor from any subsequent funding tranches. Affluence expects the funding to close early in the fourth quarter upon completion of due diligence and definitive legal documents. Implementation of the projects will begin in the same timeframe. We expect to start reporting revenue from these projects this year and report significant revenue in subsequent years thereafter. We will provide specific revenue guidance as we announce the contracts to the market,” said Honan.

“This funding will establish Affluence Corporation as one of the leaders in Smart City Solutions, IoT, Optical Fiber and 5G technologies in Asia,” said Avinash Bector President and CEO of Affluence for Asia and Africa. “The initiatives that we will be working on will transform the local infrastructures and will enable rapid adoption of Smart City Solutions, IoT and 5G technologies. We have several similar large opportunities in our pipeline in multiple Asian geographies for technology, professional services and infrastructure that we will be closing in due course”, said Bector.



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.

OAK BROOK, IL / ACCESSWIRE / July 6, 2021 / Affluence Corporation (OTC PINK:AFFU), a diversified technology company focusing on innovative IoT and 5G enhancing technologies provided a business update and an update for the initiatives previously announced and reiterated its strategy moving forward. The update includes a statement on the progress being made on closing two large opportunities one through its subsidiary ISLP Technologies and the other with its subsidiary OneMind Technologies. The business update includes comments on potential target companies and businesses for acquisition and partnerships.

“We are making steady progress with executing on all fronts,” said James E. Honan, Jr., Affluence’s CEO. “ISLP is currently awaiting the executed MOU for an engagement with one of the largest telecom companies in Asia. Under this engagement, we will build ‘fiber technology-based last mile infrastructure’ and deliver technology products and services through an ‘Aggregation Platform’ to the existing and new subscribers of the said telecom company. The COVID outbreak in Asia has delayed the final execution of the MOU and subsequent contracts but we anticipate to have them completed and begin work against the contract this quarter. In addition, we are in negotiations to acquire two technology companies with unique offerings to strengthen our portfolio of solutions and services with leading-edge technologies for the above project and expect to announce LOI’s in the third quarter as well,” said Honan.

“OneMind Technologies has been selected to provide its Smart City solutions platform for one of the world’s largest Smart City projects. “The OneMind Smart City platform will be the solution behind managing this large deployment that is being delivered by one of the major integration firms in the world and one of the world’s largest technology providers. We expect the official announcement to come in July 2021. The OneMind product will also be included as a value-added service for the Asia fiber opportunity ” 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 720-295-6409.