Cylix SaaS-Based Business Intelligence Platform Goes Live

Xigem’s Cloud-based Platform Will make Possibility Profiling Available to a Broad Viewers

Toronto, Ontario–(Newsfile Corp. – April 20, 2022) – Xigem Systems Company (CSE: XIGM) (FSE: 2C1) (“Xigem” or the “Business“), a technologies company for the rising remote overall economy, is happy to announce that its wholly owned subsidiary, Cylix Facts Corporation (“Cylix“), has launched its flagship organization intelligence system as a Program-as-a-Service (“SaaS“). The start marks a major milestone in the ongoing financial investment and commercialization of the Cylix system.

As earlier announced, Cylix has been upgraded to involve a robust technology architecture, a additional intuitive and responsive user interface, streamlined reporting capabilities and built-in synthetic intelligence capabilities. Cylix has efficiently finished the beta-testing stage and now plans to migrate clients to the SaaS variation of the system.

With this start, Cylix is making danger mitigation and small business intelligence details obtainable to a broad viewers. Tiny and medium-sized companies can profit from well timed accessibility to large-high quality info that can help them make much better, far more intuitive conclusions. Contrary to some comparable providers that need the service provider to manually collate experiences, Cylix is made as a real “self-provide” platform that allows shoppers to retrieve preferred information straight away.

The cloud-based SaaS product improves affordability for buyers, who pay out a predictable flat subscription fee fairly than a fluctuating price centered on projected volume. Much more importantly, it makes it possible for buyers to advantage instantly from new functions and abilities as they are included to the system. The Cylix group is employing a technology roadmap that will consist of normal updates in the coming months and a long time. Client feed-back will proceed to be a important thought in steering ongoing item development.

“We are constructing on our management position by introducing 1 of the initially small business intelligence platforms to be readily available as a cloud-dependent product,” claimed Ezio D’Onofrio, President, Cylix Facts Company. “The early response has been extremely good, and we are incredibly enthusiastic to introduce a genuinely differentiated new products to future shoppers.”

Cylix anticipates that the availability of a SaaS variation, together with other ongoing item enhancements, will broaden its addressable market. The Cylix system is appropriate for a extensive variety of sectors, which includes experienced and monetary solutions, production, B2B product sales and distribution. Cylix intends to ramp up its guide generation and income efforts through the remainder of 2022.

Prospective shoppers can now visit to signal up for the support or request a demo.

About Xigem Systems Corporation

Established in Toronto, Ontario, Xigem is positioned to become a main technological know-how service provider for the emerging close to trillion-dollar distant economy, with computer software able of enhancing the capability, productiveness, and overall distant functions for companies, shoppers, and other companies. iAgent, the Firm’s patented engineering, FOOi, its proprietary peer-to-peer mobile payments application, and Cylix Information, its small business intelligence motor, is intended to offer companies, firms, and buyers with the resources needed to prosper in a huge array of remote working, studying and treatment method environments, even though the Firm seems to combination a portfolio of progressive technologies capable of disrupting standard enterprise styles.

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CAUTIONARY Observe Relating to Ahead-Seeking STATEMENTS

This news launch is made up of “ahead-seeking statements” within the that means of applicable securities legislation. All statements contained herein that are not obviously historic in character may represent forward-searching statements.

Commonly, these kinds of forward-looking details or forward-searching statements can be determined by the use of ahead-wanting terminology these types of as “designs”, “expects” or “does not be expecting”, “is envisioned”, “spending plan”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not foresee”, or “believes”, or variants of such phrases and phrases or may possibly have statements that particular actions, gatherings or final results “may perhaps”, “could”, “would”, “may” or “will be taken”, “will proceed”, “will manifest” or “will be realized”. The ahead-on the lookout details and forward-wanting statements contained herein include things like, but are not restricted to, statements concerning: the characteristics of the technology staying invested in (which include but not minimal to the expected interface) the start of the next generation of the Cylix Info business enterprise possibility profiling system the operation and abilities of the SaaS release and added benefits relating to it the enchantment of Cylix Info to a broad assortment of probable shoppers and potential enhancements to the goods disclosed in the push launch and other options of the expected solution roadmap.

Ahead-on the lookout data in this news launch is based on certain assumptions and expected long run occasions, specifically: the ongoing industrial viability and expansion in recognition of the Company’s and Cylix’s programs the capacity to continue to progress the growth of Cylix’s products and solutions continued acceptance of the Company’s functions by the suitable governmental and/or regulatory authorities the capability of Cylix to boost capabilities and functionality of its solutions as at this time expected the success of the launch of the up coming technology of the Cylix Knowledge business enterprise risk profiling platform ongoing market place demand for Cylix’s merchandise continued development of the Firm’s and Cylix’s systems the ongoing development of the Organization and Cylix and the ongoing expansion of the industry the Business operates in.

These statements involve known and not known hazards, uncertainties and other aspects, which could bring about precise benefits, general performance or achievements to vary materially from those people expressed or implied by this kind of statements, including but not constrained to: the probable lack of ability of the Enterprise to carry on as a likely issue threats connected with the engineering and facts industries in basic enhanced levels of competition in the technological know-how and facts marketplaces the possible future unviability or restricted viability of the Company’s and Cylix’s products offerings incorrect assessment of the value and likely positive aspects of the products and solutions explained in this push launch and the envisioned enhancements to these kinds of merchandise threats related with potential governmental and/or regulatory action with regard to the Company’s pursuits challenges associated with a possible collapse in the value of details-linked providers the inability of Cylix to greatly enhance performance of its merchandise offerings and/or to full the profitable launch of the upcoming generation of the Cylix Data business danger profiling platform and threats with regard to marketplace demand for Cylix’s goods.

Readers are cautioned that the foregoing checklist is not exhaustive. Audience are additional cautioned not to spot undue reliance on forward-hunting statements, as there can be no assurance that the programs, intentions or anticipations upon which they are placed will manifest. These kinds of info, while regarded fair by administration at the time of planning, may possibly verify to be incorrect and real benefits could vary materially from all those predicted. Ahead-seeking statements contained in this information release are expressly capable by this cautionary statement and mirror the Firm’s expectations as of the date hereof and are topic to modify thereafter. The Firm undertakes no obligation to update or revise any forward-wanting statements, whether as a result of new details, estimates or opinions, potential situations or results or usually or to describe any content change involving subsequent precise functions and these types of forward-searching facts, except as essential by applicable law.

This press release shall not represent an provide to offer or the solicitation of an offer to obtain, nor shall there be any sale of these securities, in any jurisdiction in which these kinds of give, solicitation or sale would be unlawful.

Source: Xigem Systems Corporation

On behalf of the Firm:
Brian Kalish, Chief Executive Officer

For even further info:

Cellphone: (647) 250-9824 ext.4
Traders: [email protected]
Media: [email protected]

Twitter: @XigemTech
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