EDITOR: | September 27th, 2018

Imex Plans to Launch GOVCANN Platform for Cannabis Government Marketplace

| September 27, 2018 | No Comments

September 27, 2018 (Source) — Imex Systems Inc. (“Imex” or the “Company”) (TSX VENTURE: IMEX; OTC: IMSYF) a software solution provider to Governments, Municipalities and Public Authorities, plans to launch a comprehensive platform integrated into IMEX’s iGov portal called GOVCANN.GOVCANN will provide vital content and information to medicinal and recreational cannabis users. The Imex iGov platform was built to empower and allow citizens to interact with their province or municipality to gain information or to purchase needed services that these government jurisdictions provide. With the Ontario provincial government allowing citizens to purchase cannabis through the internet on October 17, 2018, we believe that Ontario municipalities and their citizens can benefit from up to date content on laws, procedures, and processes for the purchase of cannabis from this hub. This platform will become a central interface for cannabis news as citizens want customized information within their municipality.  Going forward, Imex plans to offer this framework to other provinces that have adopted a retail recreational sales model instead of online sales.

The GOVCANN platform will be built utilizing artificial intelligence to amass highly scalable cannabis data analytics and will provide geographically specific and relevant content for users.

The Company has initiated conversations with several licensed producers on how to effectively integrate into their framework. Imex plans to become a key GATEWAY for municipalities and their citizens to become more engaged with their recreational and medicinal experiences. The Company will be seeking strategic capital to facilitate this new initiative.

“This is a unique offering to help support and drive educational interest for municipalities who want to work hand in hand with the provinces as we approach legalization. We also see this allowing specific clinics to reach citizens and municipalities with a very targeted approach. It empowers municipalities to define and customize messages to a local level that provinces are disseminating.” Says Rob Klein, CEO.

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.

Forward-Looking Statements

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.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.


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